education
Can insurance companies ask medical questions?
Under health reform, health insurance companies can’t make you answer health questions to buy health insurance. They also can’t require a pre-existing con...
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Education
education
How do I find out if a business is registered in NY?
How To Do A New York Corporation or LLC Business Name Search Step 1: Visit the Business Name Database. Visit the New York Department of State website. Ste...
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education
What is the penalty for withdrawing from a Roth IRA before the age requirement?
You get an upfront tax break when you contribute to a traditional IRA, but you’ll pay taxes on your withdrawals in retirement. Therefore, if you withdraw ...
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education
How much money was taken from a fraud victim?
Using the forfeiture laws, federal agents seized her bank accounts as well as a GMC Yukon, which was bought with $32,000 of the victim’s money, along with...
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education
Will triple net leases qualify for a 20% deduction under section 199A?
With a triple net lease, the tenant assumes responsibility for paying real estate taxes, building insurance and costs to maintain the property. Therefore,...
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education
Who files a 1065 tax return?
partnerships Who needs to file a 1065? All partnerships in the United States must submit one IRS Form 1065. The IRS defines a “partnership” as any relatio...
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education
How to download previous year income tax question papers?
For downloading the PDF of the income tax, previous year question papers, candidates must log in to the official recruitment website of the Income Tax Dep...
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education
Is selling stock a liability?
An asset sale is the purchase of individual assets and liabilities, whereas a stock sale is the purchase of the owner’s shares of a corporation. While the...
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education
Is PMI 20% or 25%?
They add the cost to your mortgage payment each month, in an amount based on how much you’ve borrowed. The good news is that PMI can usually be canceled a...
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education
When does a CPA fail to comply with a client request?
Under this section, when a client or former client requests that the client’s records either be sent to the client or forwarded to another CPA, a member’s...
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