What to do if you have not filed your tax returns for years?
If you do not have an Efiling profile then you should go to the SARS Efiling website and set one up. If you have an Efiling profile but you have forgotten...
Category: Updates
Does an S Corp need a CPA?
It is necessary for every S corp to have an accounting plan that efficiently handles the capital accounts for all shareholders. For example, if an S corp ...
What are charges in law?
A formal accusation of criminal activity. The prosecuting attorney decides on the charges, after reviewing police reports, witness statements, and any oth...
What do codes on 1095-C mean?
Below are the different codes that can be entered on line of the 1095-C: 2A: This code is simple; it means that the employee was not employed. 2B: The 2B ...
How much do first year management consultants make?
Management consultant salaries in the United States will vary by position and experience. Starting from the base, fresh graduates (from undergrad institut...
Do you have to pay estimated tax for 2018?
In most cases, you must pay estimated tax for 2018 if both of the following apply. 1. You expect to owe at least $1,000 in tax for 2018, after subtracting...
What is my cost basis on my rental property?
What is my cost basis on my residential rental property if I lived there for 10 years prior to renting it out? Is the basis of a primary residence convert...
What questions should I ask my dad before he dies?
Questions to Ask Parents About Their Relationship or Love Lives Did you have a first crush? Tell me about your first love. How did you meet my other paren...
How do home improvements affect capital gains?
Tax rules let you add capital improvement expenses to the cost basis of your home. Why is that a big deal? Because a higher cost basis lowers the total pr...
Does Grantor Trust receive 1099?
The trustee is required to obtain a W-9 to verify grantor’s taxpayer identification number. This method is most commonly used with revocable trusts which ...
