What are the rules for American opportunity credit?
To be eligible for AOTC, the student must: Be pursuing a degree or other recognized education credential. Be enrolled at least half time for at least one ...
To be eligible for AOTC, the student must: Be pursuing a degree or other recognized education credential. Be enrolled at least half time for at least one ...
In New Jersey, if you are a civil union couple – even if legally sanctioned in another state – you must file your return as either Married/Civil Union Fil...
When one spouse dies, their death dissolves their marriage as a matter of law. If one spouse dies after the filing of divorce but before there is an entry...
Guaranteed Payments are treated as ordinary income to the recipient partner, who recognizes the income in his or her tax year that includes the partnershi...
As long as interest rates have decreased there is no incentive for banks to enforce due-on-sale clauses. However, the only case that even mentions a due-o...
The commercial debt forgiveness rules also apply to a non-equity share issued by a company. A debt is forgiven if the company’s obligation to pay the debt...
Cold calling is necessary to grow your consulting business. As tempting as it is to focus solely on marketing on the Internet, you have to contact prospec...
About 1.2 million separated or divorced Canadians have children 18 years or younger. How is money split in a divorce? At divorce, community property is ge...
LLCs can be C corporations, S Corporations, single-member or other permutations. It’s often preferable to have your multi-owner LLC treated as a C corpora...
Typically, you will get a verdict on your form 2553 application within 60 days of submitting it to the IRS. If you have not heard back in that timeframe, ...