business
Can a Filipino marry a foreigner?
Philippine law requires all foreigners to provide a “Certificate of Legal Capacity to Contract Marriage” before filing for a marriage license. This certif...
Category: Business
business
Can a company have unlimited authorized shares?
There is no limit as to the total number of shares that can be authorized within these documents for a larger company, while smaller companies that do not...
business
Can you rescind a wire transfer?
Wire transfers are normally final. Once the recipient’s bank accepts the transfer and receives the funds, that’s it. At that point, you likely won’t be ab...
business
What does withheld from your pay mean?
Withholding is the portion of an employee’s wages that is not included in their paycheck but is instead remitted directly to the federal, state, or local ...
business
Why would Revenue Canada hold my refund?
Why haven’t you received your refund? The CRA may keep some or all of your refund if you: owe or are about to owe a balance. have a garnishment order unde...
business
How much pension does a NJ teacher get?
New Jersey’s average annual teachers’ pension benefits rank fourth lowest out of eight high cost- of-living states for which our data base has information...
business
What is the deadline for 1099 distribution?
Businesses must send Form 1099-MISC to recipients by February 1, 2021, and file it with the IRS by March 1 (March 31 if filing electronically). Is there a...
business
Does annual income affect capital gains tax?
Capital gains are generally included in taxable income, but in most cases, are taxed at a lower rate. Taxpayers with modified adjusted gross income above ...
business
Can I claim my spouse education expenses?
You cannot claim any deduction for tuition fee paid for your wife’s education. Deduction under Section 80C is allowed only for the tuition fee of children...
business
Are life insurance receipts taxable?
Generally, life insurance proceeds you receive as a beneficiary due to the death of the insured person, aren’t includable in gross income and you don’t ha...
business
What amount is considered jumbo?
A loan is considered jumbo if the amount of the mortgage exceeds loan-servicing limits set by Fannie Mae and Freddie Mac — currently $548,250 for a single...
business
Do you need to file an extension for federal taxes this year?
You should e-File a Federal Tax Extension for Tax Year 2020 by May 17, 2021, the same day as the deadline to e-file a 2020 Tax Return. If you eFile a Tax ...
business
How do I deal with my mother-in-law moving in?
Make your mother feel welcome, let her pitch in and help, be there for her, be kind, be supportive, be family. Don’t let her take over your house, determi...
