updates
What falls under qualified improvement property?
Qualified improvement property is an improvement made by the taxpayer to an interior portion of a nonresidential building if the improvement is placed in ...
Jul 28, 2026 • 1 READS
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Updates
updates
Do you have to pay taxes on self published books?
If your net income (gross revenues less deductions) from writing and self-publishing is $400 or more in any year, you may be required to pay self-employme...
Jul 28, 2026 • 1 READS
updates
Will the COBRA subsidy be extended past September 2021?
The IRS clarified in Notice 2021-31 that for individuals still eligible for the premium subsidy on September 30, the subsidy will not necessarily end on t...
Jul 28, 2026 • 1 READS
updates
What to do after changing jobs?
6 Things to Do When Changing Jobs Give Ample Notice. While the phrase “two weeks’ notice” is often heard, there’s no hard and fast standard for how much l...
Jul 28, 2026 • 1 READS
updates
What is the difference between income tax and value added tax?
An income tax is a tax imposed on individuals or entities that varies with their respective taxable income or profits. Value Added Tax is a form of indire...
Jul 28, 2026 • 1 READS
updates
How long does it take to get lump sum from 401k?
When you leave a job, you can decide to cash out your 401(k) money. Generally, when you request a payout, it can take a few days to two weeks to get your ...
Jul 28, 2026 • 1 READS
updates
How do you avoid RMD?
There are a number of ways to reduce—or even get around—the tax exposure that comes with RMDs. Strategies include delaying retirement, a Roth IRA conversi...
Jul 28, 2026 • 1 READS
updates
What does it mean when your taxes are in review?
The review means that your return is pending because IRS is verifying information on your tax return. They may contact you before processing your return. ...
Jul 28, 2026 • 1 READS
updates
How do I speak to CPC?
Answer: If assessee does not receive any intimation from CPC Bangalore u/s 143 (1) or 154, then assessee — can call toll free number at 1800 103 4455 or p...
Jul 27, 2026 • 1 READS
updates
How do you set up a sinking fund?
How to Create a Sinking Fund Step 1: Decide what you’re saving up for. Let’s pretend you’re starting a sinking fund for Christmas. Step 2: Decide where yo...
Jul 27, 2026 • 1 READS
