general

What is the difference between inheritance and a gift?

When you receive cash or other valuable assets as a gift you do not owe income tax on those assets. This is true regardless of whether the gift is given d...

Published: Apr 30, 2026

news

Which option S is are available for a taxpayer receiving a refund?

Refund Type You have several options for receiving your federal individual income tax refund: Direct Deposit: The fastest way is by direct deposit into yo...

Published: Apr 30, 2026

general

How do you record paying principal and interest?

This can be confirmed on a loan statement from the lender or by asking the lender for the principal balance….The company’s entry to record the loan paymen...

Published: Apr 30, 2026

general

How do I report a real estate agent in BC?

If your concern appears to be a matter for the Real Estate Council: Complete the Council Complaint Form (PDF) available at Attach and sign all documentati...

Published: Apr 30, 2026

general

What does it mean to claim tax exemption?

A tax exemption is the right to exclude all or some income from taxation by federal or states governments. Most taxpayers are entitled to various exemptio...

Published: Apr 30, 2026

updates

What is a 9% LIHTC?

There are two types of LIHTCs available to developers. The so-called 9% credit is generally. reserved for new construction and is intended to deliver up t...

Published: Apr 30, 2026

updates

Who receives the 1099-Q?

Form 1099-Q information Form 1099-Q comes from the administrator or bank that manages your 529 plan or Coverdell ESA. If you set up the account and make c...

Published: Apr 30, 2026

general

Is a domestic partnership legal in Massachusetts?

Each state has different laws and regulations regarding domestic partnerships, marriages, and civil unions. Massachusetts recognizes same-sex marriages bu...

Published: Apr 30, 2026

news

Can you get scholarships after your first year of college?

Applying for scholarships shouldn’t stop when you get into college. In fact, that’s the perfect time to ramp up your applications and prepare for the comi...

Published: Apr 30, 2026

updates

Who are the entrepreneurs in South Africa?

South Africa’s successful entrepreneurs Elon Musk. Elon Musk has made international headlines countless times. Patrick Soon-Shiong. Patrick Soon-Shiong is...

Published: Apr 30, 2026