How many tax filers get audited each year?
The IRS averages approximately 300,000 EITC audits per year out of the universe of 25 million. The total universe of tax year 2015 returns in income categ...
Category: Updates
Do I have to apply for student finance every year?
You’ll need to reapply for student finance for each year of your course. You must keep your details up to date throughout your course because some changes...
Does Arkansas have a capital gains tax?
Arkansas has adopted federal law concerning individual income tax on capital gains. Long-term capital gains are realized on the sale of a capital asset he...
Can a Canadian buy property in Florida?
What restrictions are there for Canadian or Foreign National buyers purchasing homes in Florida? There are no restrictions on foreign nationals buying U.S...
What do I need to open a SEP IRA?
How do I open a SEP IRA? Create a formal written agreement. You can do this with IRS Form 5305-SEP or through your account provider. Give eligible employe...
Do you need a business bank account to start a business?
Whether you’re legally obliged to have a business bank account depends on your business structure, but having a business bank account can be a good idea f...
How do insurance agents get businesses?
Here are five top methods to attract new clients. Find your niche. Insurance agents often want to be all things to all people, but niche marketing may be ...
Can I get a green card if my dad is American?
Relatives of U.S. citizens and permanent residents may, in some cases, qualify for U.S. lawful permanent residence. If you have close family members in th...
Who gets form 1095a?
Only people who buy coverage through the Marketplace are eligible for the Premium Tax Credit. If you bought your plan there, you should get a Form 1095-A,...
Do you need to file a federal tax return?
Do I Need to File a Tax Return? You may not have to file a federal income tax return if your income is below a certain amount. But, you must file a tax re...
