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When was the first Traditional IRA made available?
According to IRS pension/retirement department as of July 13, 2009, Traditional IRAs (originally called Regular IRAs) were created in 1975 and made availa...
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What happens if you gift a car to a family member?
When you gift a car to a family member you may still have to pay taxes on the sale, even if there is little to no money changing hands. You could be bette...
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Which forex exchange is best?
Best Forex Brokers Best Forex Brokers. CMC Markets: Best Overall and Best for Range of Offerings. London Capital Group (LCG): Best for Beginners. Saxo Cap...
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Can form 7004 be filed electronically?
More In Tax Pros Form 7004 can be e-filed through the Modernized e-File (MeF) platform. All the returns shown on Form 7004 are eligible for an automatic e...
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What is a Revenue investigation?
A Revenue investigation is undertaken where Revenue believes that serious tax or duty evasion may have occurred or a Revenue offence may have been committ...
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What type of damages can be awarded in a civil lawsuit?
Types of Civil Damages Compensatory damages include compensation for expenses such as medical bills, legal costs, loss of income, and costs associated wit...
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Should a restaurant be an S Corp?
What corporate structure should I choose? You have five basic choices: a sole proprietorship, a partnership, a limited liability company or a corporation–...
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Can F-1 student work legally now?
For on-campus work, an F1 student is subject to the following rules: You must maintain valid F1 status. You can work up to 20 hours per week while school ...
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How long can New York State collect back taxes?
20 years. The State of New York has 20 years from the date a warrant could have been filed to collect on a tax debt. This is double the ten years given fo...
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Is 8000 dollars a month good?
The answer is simple: Yes, $8,000 a month (roughly $96,000 annually) is enough to live one. Sure, there are some places where this salary would comparativ...
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