updates

Can you take casualty loss in 2018?

For tax years 2018 through 2025, you can no longer claim casualty and theft losses on personal property as itemized deductions, unless your claim is cause...

Jul 31, 2026 • 1 READS

updates

Do car dealers get a kickback on financing?

DEALER MARKUPS Auto loan markups, also known as dealer reserves, involve kickbacks to an auto dealer from lenders who wish to buy the auto loan from the d...

Jul 31, 2026 • 1 READS

updates

Where can I get a copy of my tax return?

But if you request a transcript by mail or phone, you can only get the current year’s tax return plus returns from the prior three years. The tax account ...

Jul 31, 2026 • 1 READS

updates

How much does it cost to dissolve a partnership?

There is no filing fee. Under California law, other people generally are considered to have notice of the partnership’s dissolution ninety (90) days after...

Jul 31, 2026 • 1 READS

updates

What is the new Earned Income Tax Credit?

The Earned Income Tax Credit, or the EITC or EIC, is a refundable tax credit for low- and moderate-income workers. In 2021, the earned income credit range...

Jul 31, 2026 • 1 READS

updates

How do I get proof of income from IRS?

Telephone Request Available from the IRS by calling 1-800-908-9946. Non-filers can expect to receive a paper IRS Verification of Non-filing Letter at the ...

Jul 31, 2026 • 1 READS

updates

What happens when the owner of a time share dies?

However, in the case of an owner’s death, a timeshare becomes part of that owner’s estate, and thus, the benefits, investment, and obligations attached to...

Jul 31, 2026 • 1 READS

updates

How do I get out of inheritance without paying taxes?

How to avoid inheritance tax Make a will. Make sure you keep below the inheritance tax threshold. Give your assets away. Put assets into a trust. Put asse...

Jul 31, 2026 • 1 READS

updates

What does irrevocable will mean?

way for a putative testator to make an irrevocable will, meaning that there is. no legal method by which an individual can commit to execute a will that i...

Jul 31, 2026 • 1 READS

updates

Do you pay taxes on unemployment benefits in Texas?

The unemployment benefit you receive is taxable income. Each January, the Texas Workforce Commission sends Form 1099-G to everyone who received unemployme...

Jul 31, 2026 • 1 READS