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Is there a statute of limitations on refund?
And if no return is filed, then 2 years from the date payment was made. Secondly, the IRS may refund only the amount of tax paid within three years plus t...
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Is quitting a job a bad thing?
If and when you do decide to leave your job, do so as gracefully as possible; don’t burn bridges if you can help it. If you quit your job without notice, ...
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Do cancer survivors have shorter lifespans?
A large study has found that people who have survived cancer and its treatment are more likely to die sooner and have a shorter lifespan compared to those...
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Will I get a 1099 C for short sale?
IRS Form 1099-C If you’ve short-sold your home, and the lender forgave any post-short sale deficiencies, you’ll need to report that debt forgiveness on yo...
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Is sole proprietor the same as S corporation?
A sole proprietorship is an unincorporated business that doesn’t have any legal separation from its owner. An S corp is an LLC or corporation that has ele...
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What is the tax advantage of leasing a car?
One of the tax benefits of leasing a car for business is that the IRS allows you to deduct your lease payments, typically in full. If you also use the car...
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What happens when the 0% APR period is over?
You’ll have to pay interest on any remaining balance If you’re carrying a balance once the 0% intro APR period is over, you’ll have to pay interest on tha...
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Is it better to pay estimated taxes?
Having enough tax withheld or making quarterly estimated tax payments during the year can help you avoid problems at tax time. Taxes are pay-as-you-go. Th...
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Are property taxes based on purchase value or on appraised value in Texas?
The Texas Constitution sets out five basic rules for property taxes in our state: Taxation must be equal and uniform. No single property or type of proper...
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What is the problem with financing Social Security?
THE kEY POINTS IN THIS ISSUE BRIEF ARE: Social Security faces a shortfall over the indefinite future of $13.6 trillion in present-value terms, an amount e...
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