general
Is it hard to find out how much you owe the IRS?
Their income may be sporadic, and it can be difficult to know how much they will owe in taxes after business deductions. And no one deducts tax from their...
Jul 25, 2026 • 1 READS
general
How do I claim withholding tax in India?
Documents required to be furnished for claiming FTC A statement of : foreign income offered to tax. Certificate or statement specifying the nature of inco...
Jul 25, 2026 • 1 READS
news
When did my daughter leave to go to college?
My daughter left for college last August. This is the letter I gave her during our last family dinner at home. We laughed…we cried…and surprisingly, we le...
Jul 25, 2026 • 1 READS
updates
Can I open LLC in USA from India?
Any Indian or foreign national can set up either C-Corporation (Company) or LLC (similar to that of LLP) in USA. There is no restriction on the number of ...
Jul 25, 2026 • 1 READS
news
Where did my Turbo Tax File go missing?
I found my file in the recycle bin. After opening 2018 turbo tax with their mandatory update, my file was missing. I searched everywhere on my computer ex...
Jul 25, 2026 • 1 READS
updates
How do I delete my freedom debt relief account?
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 25, 2026 • 1 READS
general
Do I need to fill out form 8283?
You must file one or more Forms 8283 if the amount of your deduction for each noncash contribution is more than $500. You must also file Form 8283 if you ...
Jul 25, 2026 • 1 READS
news
Which shares of the company are issued at free of cost?
Shares issued free of cost to the shareholders are known as bonus shares. Are the shares issued by the company to its existing shareholders free of cost? ...
Jul 25, 2026 • 1 READS
news
When can you take suspended losses?
Deducting Suspended Losses When You Sell Property The tax rules provide that you may deduct your suspended passive losses from the profit you earn when yo...
Jul 25, 2026 • 1 READS
news
Why is my business not making profit?
If you’re not pricing with profitability in mind, it doesn’t matter how many sales you make—you’ll never make a profit. Your product isn’t viable. It’s im...
Jul 25, 2026 • 1 READS
