news

Are individuals still subject to AMT?

In 2017, the Tax Cuts and Jobs Act kept the AMT but raised the exemption and phase-out levels for the tax years between 2018 and 2025. It includes an auto...

Jul 18, 2026 • 1 READS

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Is income earned abroad taxable in Philippines?

Foreign income A domestic corporation is taxed on income from foreign sources when earned or received, depending on the accounting method used by the taxp...

Jul 18, 2026 • 1 READS

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Do I pay tax on my first year of self employment?

For the first year you are self-employed, there could be a long delay before you pay any tax, but, when it arrives, the bill is likely to be large and cou...

Jul 18, 2026 • 1 READS

news

Is the gift of equity a selling expense?

Can gift of equity be included in selling expenses when selling a rental property? No. The IRS allows you to gift to your children (or anyone) and the rec...

Jul 18, 2026 • 1 READS

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What happens when you change your name on your Social Security card?

If you legally change your name because of marriage, divorce, court order or any other reason, you must tell Social Security so you can get a corrected ca...

Jul 18, 2026 • 0 READS

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How do I fill out my FAFSA if I recently divorced?

If your parents live together, even if they are separated, were never married, or are divorced, you file the FAFSA with income information from both of th...

Jul 18, 2026 • 1 READS

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What happens to your property if your spouse passes away?

If your spouse had children with somebody else and owned community property, the children will inherit your deceased spouse’s one-half (1/2) interest and ...

Jul 18, 2026 • 0 READS

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How long does it take to get CA state Refund?

page of the California Franchise Tax Board. You will need to enter the exact amount of your refund in order to check its status. According to the state, r...

Jul 18, 2026 • 1 READS

news

What do mineral rights give you?

A mineral owner’s rights typically include the right to use the surface of the land to access and mine the minerals owned. Additionally, to protect the la...

Jul 18, 2026 • 1 READS

news

Can a bank account be in a trust?

A trust checking account is a bank account held by a trust that trustees may use to pay incidental expenses and disperse assets to a trust’s beneficiaries...

Jul 18, 2026 • 1 READS