Is commercial rent taxable in Arizona?
The state of Arizona does not impose a transaction privilege tax on the rental of commercial property. Do I need a landlord license in Arizona? Individual...
Can A S corporation do business in both California and Nevada?
Since the S corporation is doing business in both Nevada and California, it must file Form 100S (California S Corporation Franchise or Income Tax Return) ...
Does 401k withdrawal affect adjusted gross income?
You do have to report your withdrawal on your tax return — it just doesn’t count toward your AGI. Does 401k contribution included in gross income? Your gr...
Do I need to fill out an inheritance tax form?
The inheritance tax form must be completed whether or not the deceased left a Will. If you are planning to apply for probate yourself, you’ll need to valu...
How are rental properties handled during a divorce?
Rental properties can be a significant asset in the marital estate. A divorce means dealing with rental properties and involves the same basic steps as di...
Does everyone over 65 get Social Security?
You can receive Social Security benefits based on your earnings record if you are age 62 or older, or disabled or blind and have enough work credits. A de...
What is a federal copy of W-2?
You can get a wage and income transcript, containing the Federal tax information your employer reported to the Social Security Administration (SSA), by vi...
Are meals included in income?
As long as the meal is not considered lavish or extravagant and the expense is included in the employee’s income, the employer can deduct all the cost. Lo...
How does the IRS respond to unpaid payroll taxes?
The IRS considers unpaid payroll taxes a very serious violation. The agency will send out reminder notices once a business has missed a payment or two, bu...
When can the government seize assets?
Federal law allows law enforcement agencies and prosecutors to seize property, including money, from people convicted of certain federal crimes, such as d...
