Is it bad to trade in a car after 2 years?
Even if you just want a newer car, it may not be a terrible financial decision to trade in your car after two years. If it’s important to you to drive a n...
Do I have to pay US taxes if I live in Italy?
If you are a citizen or permanent resident of the United States then you are obligated to file US expat taxes in Italy, with the IRS each year no matter w...
How do I change the tax line in Quickbooks?
Here’s how: Go to Company > My Company. Click the pencil icon to edit the company information. In the Company Information window, select Report Informa...
Is 401k taxed when you pull it out?
Once you start withdrawing from your 401(k), your withdrawals are taxed as ordinary income. That means your withdrawals are taxed at the same rate as othe...
Can you claim dependents living in another country?
Can I claim my child as a dependent on my tax return? In general, you can claim exemptions for individuals who qualify as your dependents. This is true ev...
Is caregiver considered self-employed?
The term independent caregiver is commonly used to describe a home care professional who does not work for an agency. According to the IRS, if a privately...
Can a offer in compromise be returned by the IRS?
The Offer in Compromise program is not for everyone. If you hire a tax professional to help you file an offer, be sure to check his or her qualifications....
Can a L-1 visa holder become a US resident?
One problem that individuals with the L-1 Visa get into once they have resided in the United States for over six months is determining what their U.S. Tax...
Can a redeemed gift card be traced?
The gift card usually can’t be traced, and the merchant gets a chargeback from the holder of the stolen credit card. Taking over an account and buying gif...
Is your parent/guardian a current permanent resident of California?
When considering whether or not you can apply as a California resident, you must demonstrate that you, your family, or a parent/guardian has a permanent a...
