world affairs
What is a debt offset notice?
What Is a Notice of Intent to Offset? The “Notice of Intent to Offset” is telling you that you have taxes owed and the government is going to seize part o...
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World Affairs
world affairs
Is a single member LLC automatically a disregarded entity?
A Limited Liability Company (LLC) is an entity created by state statute. For income tax purposes, an LLC with only one member is treated as an entity disr...
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world affairs
Can a non resident open an LLC?
Anyone can form a Limited Liability Company (LLC) in the USA; you do not need to be a US citizen, or a US company. Foreign citizens and foreign companies ...
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world affairs
When should I find a pediatrician for my baby?
When Should I Start Looking for a Pediatrician? It’s a good idea to start looking for a doctor about 3 months before your baby is due. Ask for recommendat...
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world affairs
Where is the best investment for short term?
Best Short Term Investments Options Recurring Deposits. Money Market Account. Debt Instrument. Bank Fixed Deposits. Post-office Time Deposits. Large Cap M...
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world affairs
Can I get life insurance on my 80 year old father?
In summary, no matter your parents age – over 60, over 65, over 70, over 75, over 80 – it is still possible to get life insurance on them. Insurance compa...
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world affairs
How do I claim rent paid deduction?
An individual paying rent for a furnished/unfurnished accommodation can claim the deduction for the rent paid under Section 80 (GG) of the I-T Act, provid...
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world affairs
Do I issue myself a 1099 from my LLC?
The IRS considers and LLC to be a disregarded entity. This means that as far as the IRS is concerned, income earned by the business IS income earned by yo...
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world affairs
Is an IRA a market based asset?
In addition to bank accounts, IRA funds might be held in stock market mutual funds, individual stocks and bonds, as well as real estate or even gold coins...
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world affairs
Can transactions be taxed?
It can be treated as a dividend for income tax purposes even if the participants treat it as some other form of transaction, such as a loan, advance, gift...
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