Who regulates the sale of timeshares in South Carolina?
South Carolina Real Estate Commission South Carolina Real Estate Commission. How does Vacation property Work? Your vacation home is considered a business ...
Category: News
How do I claim FICA overpayment?
If you have overpaid for any reason, you can submit a request to have those taxes refunded. You must first attempt to claim a Social Security tax refund f...
Are there any recent examples of tax fraud?
Some recent high-profile examples of securities fraud include the Enron scandal in 2001 and Bernie Madoff’s long-running Ponzi scheme that was thwarted in...
Where does the sale of a second home go on a 1099?
The sale of a second home is entered just like stock sales on the same screen and will be reported on the Sch D & 8949 there is no direct 1099-S entry...
Can I use TurboTax as a tax preparer?
TurboTax is only licensed for personal use. Both the license agreement and IRS regulations prohibit TurboTax to be used by paid preparers. Intuit offers P...
Can you deduct mortgage interest if married filing separately?
When claiming married filing separately, mortgage interest would be claimed by the person who made the payment. Therefore, if one of you paid alone from y...
When do you have to file Form 1040?
Form 1040 National Society of Tax Professionals 3 Filing Requirement of Decedent • Determined by income, age and filing status • Gross income includes all...
Can two people start an S corp?
The ownership of an S corporation is restricted to no more than 75 shareholders, whereas an LLC can have an unlimited number of members (owners). S corpor...
What was before Social Security?
Company pensions were a retirement savings option for a lucky few before the advent of the Social Security system. The Alfred Dolge Company was the first ...
Can I do Uber If the car is not under my name?
Should you choose to drive a vehicle you do not personally own, you must be listed as an insured driver on this vehicle’s insurance policy. Please note th...
