Does O-1 need sponsorship?
With very few exceptions, nearly every work visa in the US must be sponsored by a legal and operating US company or agency. Moreover, the O-1 visa will on...
Category: Updates
Am I considered a full time student for tax purposes if I graduated in May?
Yes, graduating in May, even if you attended no classes, in May, means you were a full time student for parts of 5 calendar months. The 5 month rule is me...
What tax form does an LTD file?
Limited Liability Company (LLC) If your business is organized as a limited liability company and you own 100 percent of it, you can still file Schedule C ...
When was the ranch land gifted to me?
I am selling 50 acres of ranch land that was gifted to me by my uncle in 2000. That ranch land was gifted to him by my grandfather in approximately 1975. ...
Do nonprofits need EIN?
Because a nonprofit is considered a business entity, it must have an employer identification number (EIN). An EIN is like a Social Security number for you...
Can a out of State Corporation dissolve in New York?
The Tax Department will issue its consent to the voluntary dissolution of your New York corporation. If you are an out-of-state corporation registered wit...
What percentage of people attend graduate school?
About 13.1 Percent Have a Master’s, Professional Degree or Doctorate. The educational level of American adults is on the rise as more college graduates go...
Do you get your SSA 1099 in the mail?
If you’re a noncitizen who lives outside of the United States and you received or repaid Social Security benefits last year, we will send you form SSA-104...
Why do new business ideas come around?
New business ideas come about because of changes in what consumers demand. For example, Activia yoghurts have recently experienced a decrease in demand. T...
Can I deduct mileage with standard deduction?
Should you claim the mileage tax deduction or would you better benefit from taking the standard deductions? You may deduct certain ordinary and necessary ...
