updates

Can I manage my own 529 plan?

With a Coverdell Education Savings Account, you can manage your own investments. You set up the account at a sponsoring institution, such as a bank or mut...

Published: Apr 17, 2026

news

Can US trust have foreign trustee?

Since “all” substantial decisions must be made by a US person, choosing a non-US family member (i.e., a non-US citizen or foreign national who is a non-US...

Published: Apr 17, 2026

general

Can I deposit a check with a company name?

Small business owners, usually sole proprietors or side businesses, can deposit a check payable to their personal name in a personal checking or savings a...

Published: Apr 17, 2026

general

Can you amend an amended tax return?

If you need to make a change or adjustment on a return already filed, you can file an amended return. Use Form 1040-X, Amended U.S. Individual Income Tax ...

Published: Apr 17, 2026

updates

Can small business owners go on vacation?

Taking a vacation as a small business owner requires diligent planning and forethought, but it is possible. And, not only is it possible – it is important...

Published: Apr 17, 2026

updates

Is the tax benefit of debt overestimated?

In this paper, we show that prior estimates of the tax benefits of debt are overestimated. We develop improved estimates of marginal tax rates (MTRs) usin...

Published: Apr 17, 2026

general

What happens after filing for divorce in PA?

After the complaint is filed, there is a 90-day waiting period. Each party then files a sworn statement that the marriage is irretrievably broken and that...

Published: Apr 17, 2026

news

Do I have to pay taxes in the US and Canada?

Thanks to the tax treaty between the US and Canada, Americans living in Canada can avoid being double-taxed. The Canada-United States Tax Treaty ensures t...

Published: Apr 17, 2026

news

Can you sell used paperback books?

Take your paperback books to a flea market. This option is a good one if you have a lot of books to sell. Your table is usually good for the weekend so yo...

Published: Apr 16, 2026

general

Can you be taxed in the US for the sale of a UK property?

If you are a US citizen or permanent resident, your worldwide income is taxable in the US. Therefore, if you’ve purchased a home in the United Kingdom and...

Published: Apr 16, 2026