news
How do I know if I need to pay income tax?
Previous Years’ Tax Returns – How to Check if You’ve E-Filed? Step 1: Go to the Income Tax Department’s website. Step 2: Click on ITR-V Receipt Status. St...
Read Publication general
What are the current gifting limits?
For both 2020 and 2021, the annual gift-tax exclusion is $15,000 per donor, per recipient. Thus a giver can give anyone else—such as a relative, friend or...
Read Publication updates
Can you buy a car in NY and register it in CT?
Connecticut residents do not pay New York state sales tax! You pay taxes wherever you register the car, NOT where you buy it. So if you buy your car in NY...
Read Publication updates
Do doctors ever pay off their student loans?
Physician salary and specialty dictates student loan repayment. Each physician is offered a 5.5% interest rate for 10 years. Think of it like a 10-year mo...
Read Publication updates
Do locum Pharmacists need to be VAT registered?
Tax is paid at six-monthly intervals and there is no need to register for VAT unless your turnover exceeds £83,000 a year. Under current tax bands, a locu...
Read Publication updates
How do you professionally thank someone for their patience?
Notes: #1 Thank you for your patience with me as I learn [what skill/program you are learning]. #2 Thanks for your patience and understanding while you te...
Read Publication news
Can you be trialled for the same crime twice?
What is double jeopardy? Double jeopardy is the legal principle which says a person cannot be trialled for the same crime twice. For example, if a defenda...
Read Publication general
How do I show the sale of my business on my taxes?
Sale of Business Assets Report the sale of your business assets on Form 8594 and Form 4797, and attach these forms to your final tax return. Form 8594 is ...
Read Publication news
Which kind of policies can be offered under key man insurance?
The amount that can be claimed with such a policy allows you to not only recruit and train key personnel, but also secure and settle loans, offer salary c...
Read Publication updates
What is a fourplex property?
As the name would imply, a fourplex is a multifamily home that is designed to house four separate families, in four complete living spaces including four ...
Read Publication