technology
Does alimony exist in Mexico?
To be eligible for administrative divorce, the parties must be married under the separate property regime, have no children (or the children must be old e...
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Technology
technology
How do you elect out of installment sale treatment?
You may elect out by reporting all the gain as income in the year of the sale on Form 4797, Sales of Business Property, or on Schedule D (Form 1040), Capi...
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technology
Are long term health care expenses tax deductible?
According to the 1996 Health Insurance Portability and Accountability Act (HIPAA), “long-term care services” may be tax deductible as an unreimbursed medi...
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technology
Do you have so many days to return a new car?
There is no federal law dictating that buyers may return a new vehicle. A car purchase is final as soon as the buyer signs the contract and takes possessi...
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technology
Is it legal to own a house before marriage?
Owning a house before marriage of course means it is premarital property. It also does mean you should have a separate property interest in it during divo...
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technology
When must a company file its annual return?
The annual return of a company is required to be made up in every year to a date which is not later than its Annual Return Date (ARD). An annual return mu...
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technology
Can you upgrade TurboTax after purchase?
You can upgrade or switch to a higher version of TurboTax after you’ve started your 2020 return. To upgrade your version of TurboTax: Make sure you’re sig...
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technology
What if a company does not issue a k1?
A penalty is imposed on the partnership, rather than the partners, for failure to file a timely or complete Form 1065. This is provided in Section 6698. T...
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technology
How does buying your first house affect your taxes?
The first tax benefit you receive when you buy a home is the mortgage interest deduction, meaning you can deduct the interest you pay on your mortgage eve...
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technology
Is community property only for married couples?
All property that a couple acquires during marriage is considered marital, or community property in California. A couple’s community property must be divi...
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