What is the deadline for nonprofits to file taxes?
May 15 More In File Form 990, 990-EZ, or 990-PF must be filed by the 15th day of the 5th month after the end of your organization’s accounting period. Thu...
Category: Updates
How is personal use of a corporate vehicle determined?
The employee’s income for personal use of a corporate vehicle is determined based on the market value of the vehicle, not on the actual or standard method...
Can independent contractors sue for Age Discrimination?
4235 is called the Protecting Independent Contractors from Discrimination Act of 2019. If passed, the bill would allow independent contractors to sue empl...
Where do I Send my 2016 tax return?
Check the full list of supplementary pages to make sure you fill in the right sections if you’re sending your return by post. If you’re sending a tax retu...
Is the only way because my son died?
It is the only way because MY son died! This was about Cameron and I. No one else. The rest of the world has their own path to follow and they must figure...
What is Code 971 Notice issued?
IRS Code 971 – What IRS Transaction Code 971 Notice Means On Transcript (2021) The IRS code 971 could mean a lot of things for IRS transactions. For examp...
How do you check if an LLC name is taken in California?
How to do a California Business Name Search Step 1: Visit the Business Name Database. Go to the California Secretary of State’s website. Step 2: Search yo...
How long can you depreciate a vehicle on taxes?
Under MACRS, automobiles are considered “five-year property,” meaning that unless accelerated depreciation rules such as Section 179 apply, the cost of th...
Does adding a sunroom increase taxes?
“So – Does a sunroom addition raise my property tax?” Long story short – yes, adding any square footage onto your home will increase property taxes, but i...
Who owns the funds in a UTMA account?
minor beneficiary A UTMA account belongs to the minor beneficiary. The custodian operates as a sort of trustee, with a duty to hold the money for the bene...
