Are F 1 students protected individuals?
YOUR LEGAL RIGHTS The United States Constitution guarantees certain rights to everyone staying in the country. In general, non-immigrants in the United St...
Category: Environment
Can an IRA be touched in a divorce?
If you and your spouse agree that you should give up a portion of your 401(k), you’ll need a qualified domestic relations order (QDRO). You can then move ...
Can I sell all my stock in one day?
Retail investors cannot buy and sell a stock on the same day any more than four times in a five business day period. This is known as the pattern day trad...
What is the treatment of capital loss?
At the time of sale of any Asset, if a Short Term/ Long Term Capital Loss arises to a taxpayer; this loss is allowed to be set-off in the same year agains...
Are Korean marriages recognized in the US?
Although marriage statutes in the U.S. differ from state to state, a marriage performed in Korea under the Korean law is recognized in all states. Can two...
Is postage taxable in NC?
All shipping, handling, transportation, and delivery charges imposed by the retailer that are in any way connected with the sale of taxable tangible perso...
When does the IRS send a notice of deficiency?
A notice of deficiency is a statutory notice sent by the Internal Revenue Service when a taxpayer’s return does not match with the IRS records. The notice...
Where can I invest sale proceeds from property to save capital gains tax?
You can invest the capital gains you obtained by selling a property in a public sector bank or other banks approved by the capital gains account scheme of...
What to do if you receive a letter from the NYS Tax Department?
The New York State Department of Taxation and Finance today explained what taxpayers should do if they receive a letter or notice asking for more informat...
What is a tax service provider?
Tax services are offered by firms which specialize in filing and preparing taxes. Often these services are provided by accounting firms. These services ca...
