general

Can you gift money to a family member tax free?

The annual gift tax exclusion is $15,000 for the 2021 tax year. (It was the same for the 2020 tax year.) This is the amount of money that you can give as ...

Jul 08, 2026 • 1 READS

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What happens if you win a lemon law case?

Also, if you win your Lemon Law case, you usually have the choice of whether to accept a replacement vehicle or receive a refund. If you decide to receive...

Jul 08, 2026 • 1 READS

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Is 1 year too soon to leave a job?

As such, a good rule of thumb is to stay at your job for a year or two. During that time, you’ve likely completed any probationary period and reached full...

Jul 08, 2026 • 1 READS

general

What is a 199 Div?

Section 199A dividends are dividends from domestic real estate investment trusts (“REITs”) and mutual funds that own domestic REITs. These dividends are r...

Jul 08, 2026 • 1 READS

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Where is bonus depreciation reported on Form 4562?

Bonus depreciation can be combined with the Section 179 deduction. As with the order of Form 4562, the Section 179 deduction is taken first, then bonus de...

Jul 08, 2026 • 1 READS

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What business category is handmade products?

craft industry The craft industry encompasses goods that are handmade by artisans or those skilled in a particular trade. Small businesses engaged in the ...

Jul 08, 2026 • 1 READS

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Can a US citizen live in the British Virgin Islands?

If you’re wondering how to move to the British Virgin Islands, it’s important to note that foreigners wishing to reside in the territory, even citizens of...

Jul 08, 2026 • 1 READS

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Is there any benefits I can claim at 16?

If you’re aged 16-17, you may be able to claim certain benefits or tax credits if you are on a low income, looking for work, sick, disabled, expecting a b...

Jul 08, 2026 • 1 READS

general

What should you know before moving to New York?

Check out our list of the 15 things you should know before making your move. 1. It’s all about fall in New York state. Every season has its charms in New ...

Jul 08, 2026 • 1 READS

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When do you have to start living in your primary home?

The home must be located within a reasonable distance from your place of employment. You must begin living in the house within 60 days of closing. If you ...

Jul 08, 2026 • 1 READS