updates

Can grandparents open UTMA account?

The Uniform Gifts to Minors Act (UGMA) and the Uniform Transfers to Minors Act (UTMA) are sometimes called the “granddaddies” of college savings accounts....

Jul 21, 2026 • 1 READS

updates

Which is the most difficult question on the CPA exam?

Deferred tax is one of the most difficult concepts on the CPA exam. Consequently, you need to think carefully about these questions. Deferred taxes can ar...

Jul 21, 2026 • 1 READS

updates

Is it possible to change J1 visa to H1B?

To transfer your J1 visa to an H1B visa: You must obtain a job offer from a US employer before you can apply. You must go through the H1B visa application...

Jul 21, 2026 • 1 READS

updates

Does Roth IRA affect fafsa?

A return of contributions from a Roth IRA is tax-free. The full amount of the distribution is counted as income on the FAFSA, as part of adjusted gross in...

Jul 21, 2026 • 0 READS

updates

How can I track the status of my tax refund?

COVID Tax Tip 2021-39, March 30, 2021 Tracking the status of a tax refund is easy with the Where’s My Refund? tool. It’s conveniently accessible at IRS.go...

Jul 21, 2026 • 1 READS

updates

What is excluded from the term foreign earned income?

You have foreign earned income if you receive wages through employment or compensation through self-employment for services you perform in a foreign count...

Jul 21, 2026 • 1 READS

updates

How far ahead can you book on Vrbo?

24 Months Reservation settings are options located on your dashboard calendar page that allow you to control how far in advance travellers can book your p...

Jul 21, 2026 • 1 READS

updates

How many tax returns are the IRS holding?

IRS is holding millions of tax returns, delaying refunds. The IRS is holding 29 million tax returns for manual processing, delaying tax refunds for many A...

Jul 21, 2026 • 1 READS

updates

When can medical expenses be deducted?

For tax returns filed in 2021, taxpayers can deduct qualified, unreimbursed medical expenses that are more than 7.5% of their 2020 adjusted gross income. ...

Jul 21, 2026 • 1 READS

updates

What happens to the House I jointly own with Mom?

I have never lived in the house but my husband and I intend to move there in the next five to seven years. I live in Arizona. Download our in-depth guides...

Jul 21, 2026 • 1 READS