Can You claim your daughter and granddaughter as dependents?
If your daughter and granddaughter meet the criteria contained in one of the two IRS tests below, you will be able to claim them on your tax return. The I...
Category: General
Who qualifies as Texas resident?
A citizen, national or a permanent resident of the United States, who is independent 18 years of age or over and who has lived in Texas for 12 consecutive...
How does the US tax treaty affect Canada?
Three notable articles in the Canada-US Tax Treaty affect taxation – Article V on Permanent Establishment, Article VII on Business Profits and Article XV ...
Is there a copy of the 2017 Form 1099 MISC?
2017 Form 1099-MISC Attention: Copy A of this form is provided for informational purposes only. Copy A appears in red, similar to the official IRS form. T...
Do you have to report business loan on taxes?
Not usually. In fact, most loans are generally not considered taxable income because it’s money that you’re paying back. The main exception is if some or ...
Are vehicle ownership taxes deductible?
Yes, if it’s a yearly fee based on the value of your vehicle and you itemize your deductions. You can’t deduct the total amount you paid, only the portion...
How do I qualify for MTN Qwikloan?
Requirements for MTN Qwikloan You have to be 18 years and above. You have to be an MTN Ghana Subscriber for more than 90 days. You have to be registered o...
What happens when I buy a house for my parents?
Other than having the deed and mortgage loan in my name, they live their like its their own. They pay for any improvements in the house and we do not have...
Does PA have a reciprocal agreement with NJ?
NJ Income Tax – PA/NJ Reciprocal Income Tax Agreement Compensation paid to Pennsylvania residents employed in New Jersey is not subject to New Jersey Inco...
Is wedding planning taxable?
A florist’s charges for decorating services, such as planning a decorative scheme, designing decoration for a wedding reception, visiting the event site, ...
