news

Are TN visa holders considered residents?

H-1, TN, and O-1 visa holders are considered resident aliens once they meet the “substantial presence” test. How are TN visa holders taxed? Yes, TN visa h...

Published: Jul 02, 2026

general

How do you calculate capital gains on joint development?

This amount of rs. 8935714/- is taxable under the head Capital gains (Long Term) for the P.Y 2019-20. Cost of Acquisition for determining capital gains on...

Published: Jul 02, 2026

general

What happens to an annuity when the beneficiary dies?

Life Annuity. Upon death, all payments stop. However, another option is a joint-life annuity that guarantees payment for both the lifetime of the annuitan...

Published: Jul 02, 2026

news

How to re issue an income tax refund?

Click on ‘My Account’ menu and click ‘Service Request’ link. Select the ‘Request Type’ as ‘New Request’ and Select the ‘Request Category’ as ‘Refund Reiss...

Published: Jul 02, 2026

general

Can you take deductions against capital gains?

Any excess net capital loss can be carried over to subsequent years to be deducted against capital gains and against up to $3,000 of other kinds of income...

Published: Jul 02, 2026

news

How do I set up an online business payment?

How to Set up Online Payment for Small Business Accept Online Credit Card Payments on Your Website. Accept eCheck Payment Through Direct Transfer. Accept ...

Published: Jul 02, 2026

general

Can a LLC file franchise tax?

California imposes an $800 annual minimum franchise tax on typical LLCs (those not electing to be taxed as corporations). In addition to the $800 minimum ...

Published: Jul 02, 2026

general

Do I need to report form 3921 on my taxes?

3921 is an informational form only. It is generally not entered on your tax return unless you then sold the stock, or if you could be subject to alternati...

Published: Jul 02, 2026

updates

What does an international tax advisor do?

Key responsibilities advising on setting up of foreign operations, including subsidiary or branch structures. advising on local tax exposures arising from...

Published: Jul 02, 2026

news

What can I say to my daughters daughter?

10 Things to Write in a Letter to Your Daughter “I love you from the bottom of my heart.” “I believe in you.” “I think you’re beautiful.” “You make me pro...

Published: Jul 02, 2026