news
What are jurisdiction limits?
What does “jurisdictional limit” mean? So, if the jurisdictional limit of your insurance policy is “worldwide excluding USA and Canada”, it means the poli...
Jul 29, 2026 • 1 READS
general
Do you pay taxes when you sell a life insurance policy?
You Sell the Life Insurance Policy Fortunately, the IRS doesn’t treat any portion of what you receive for a viatical settlement as taxable. Under IRS code...
Jul 29, 2026 • 1 READS
general
Does New Jersey recognize 401k contributions?
In New Jersey, contributions to a regular 401(k) plan are exempt from income in the year contributed. Therefore, Kiely said, you have no basis in your 401...
Jul 29, 2026 • 1 READS
news
Does TurboTax do C Corp?
This will be the first year of filing taxes for the business. For a C-Corp, you must use TurboTax Business (different from Home & Business). You can p...
Jul 29, 2026 • 1 READS
news
Is the cancellation of debt included in 1099-C?
When you receive Form 1099-C, Cancellation of Debt, the canceled debt is included in the tax year to which the Form 1099-C applies, unless you qualify for...
Jul 29, 2026 • 1 READS
updates
Is it possible to move to New York City?
New York is one of the largest, most diverse, and exciting cities on the globe, attracting expats and immigrants ever since its founding. Follow in their ...
Jul 29, 2026 • 1 READS
updates
What if there is no date acquired on 1099 B?
The Form 1099-B you receive may only report the date of the sale and the sales proceeds amount. If it does not report the date acquired or cost basis, you...
Jul 29, 2026 • 1 READS
general
What happens to your taxes if your divorce is not final?
If your divorce is not final by the end of the calendar year, you and your spouse can file still file taxes jointly. Joint returns tax a married couple as...
Jul 28, 2026 • 1 READS
news
How can I get out of debt relief program?
Yes, you can remove individual accounts from your debt management plan. To do so, call customer support and make the request. The consequences for removin...
Jul 28, 2026 • 1 READS
updates
How long does it take for FICA tax refund?
How long will it take to get my FICA tax refund? It will generally take at least 12 weeks for the IRS to process your Social Security and Medicare tax ref...
Jul 28, 2026 • 1 READS
