updates

Is income from inheritance marital property?

In general, one spouse’s inheritance (as well as gifts given to one spouse) will remain separate property during a marriage in California. For example, if...

Jul 29, 2026 • 1 READS

updates

Can you deduct overseas business expenses?

Foreign travel expenses are fully deductible if you spent 100 percent of your time abroad on business. However, if you engaged in any non-business activit...

Jul 29, 2026 • 0 READS

updates

Will Mass Save have rebates in 2021?

Customer Eligibility: You must be a residential natural gas heating customer of Berkshire Gas, Eversource (MA Only), Liberty (MA Only), National Grid (MA ...

Jul 29, 2026 • 1 READS

updates

What is reported on an estate tax return?

The executor of the estate is responsible for filing a Form 1041 for the estate. The return is filed under the name and taxpayer identification number (TI...

Jul 29, 2026 • 1 READS

updates

How does a SEP work for self-employed?

A SEP IRA is a type of traditional IRA for self-employed individuals or small business owners. Contributions, which are tax-deductible for the business or...

Jul 29, 2026 • 1 READS

updates

Do foundation repairs increase home value?

In most cases, it’s worth the investment to have the repairs done before you list the home. Then both parties can negotiate the home’s sale price, with al...

Jul 29, 2026 • 1 READS

updates

Where can I get Form 1099-HC Ma?

This form is provided by your health insurance carrier and not the GIC. To download an electronic copy of your Form 1099-HC, you may sign into your medica...

Jul 29, 2026 • 1 READS

updates

When does Form 1099 need to be mailed out?

Like Forms W-2, Forms 1099 are supposed to be mailed out by January 31st. You need a Form W-2 to file with your return, but do you really need a Form 1099...

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