general
Can you deduct travel for charity?
The IRS says that a volunteer can claim a charitable contribution deduction for travel expenses only if there is “no significant element of personal pleas...
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What is the last date for filing ITR for FY 2020 21?
Attention Employers! Please remind your employees to file their ITR for AY 2021-2022. The due date for furnishing of ITR for AY 2021-2022 is 31st December...
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How do I report foreign pension income on tax return Canada?
Report on line 11500 of your return, in Canadian dollars, the total amount of your foreign pension income received in the tax year. Attach a note to your ...
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What is a qualified buyer in real estate?
One who is actively seeking property to purchase and has the financial ability to complete a purchase. How do I know if a buyer is qualified? How to Recog...
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What does it mean to deduct losses?
capital loss deduction The capital loss deduction lets you claim losses on investments on your tax return, using them to offset income. If you have more c...
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What was the unemployment rate in January 2011?
9.0 percent In January, the unemployment rate (9.0 percent) declined by 0.4 percentage point for the second month in a row. The number of unemployed perso...
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Is cosmetic dentistry covered?
Most cosmetic dental treatment fall under the “major dental” category for private health funds. This covers complex procedures like crowns, veneers, and r...
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How can I get IRS to verify my phone number?
The fastest way to verify your identity is with a mobile phone number associated with your name. The phone must be U.S.-based and text-enabled. We will se...
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What will you need to do to retire comfortably in California?
How To Start Retiring Comfortably Calculate your essential monthly expenses. Subtract those expenses from your Social Security income. Request a quote for...
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Do you have to collect Social Security by 70?
En español | You don’t have to begin collecting Social Security by age 70, but your benefit will not increase if you delay claiming past your 70th birthda...
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