economy
Are gifts excluded from taxable income?
Making a gift or leaving your estate to your heirs does not ordinarily affect your federal income tax. You cannot deduct the value of gifts you make (othe...
Jan 20, 2026 5 Views
technology trends
Can an Italian citizen get US citizenship?
You can get dual citizenship in USA and Italy if you can prove you have Italian ancestry. Italian citizenship is granted through the paternal line at birt...
Jan 20, 2026 5 Views
environment
Can siblings be trustees?
Trustees can be friends, siblings or organisations such as solicitors. Is a trustee personally liable for debts of a Trust? That’s good news for a Trustee...
Jan 20, 2026 5 Views
world news
What does it mean to check-the-box for tax purposes?
entity classification In short, a “check-the-box” election is an entity classification election that is made on I.R.S. Only “eligible entities” can make c...
Jan 20, 2026 5 Views
science
Is transportation to work tax deductible?
Unfortunately, commuting costs are not tax deductible. Commuting expenses incurred between your home and your main place of work, no matter how far are no...
Jan 20, 2026 5 Views
world news
What is a 100% subsidiary?
A wholly-owned subsidiary is a corporation with 100% shares held by another corporation, the parent company. Although a corporation may become a wholly-ow...
Jan 20, 2026 4 Views
politics
Can I deduct college tuition I paid for my child?
Yes, you can reduce your taxable income by up to $4,000. Some college tuition and fees are deductible on your 2020 tax return. The deduction is worth eith...
Jan 20, 2026 5 Views
health
Is kiddie tax unearned income?
The “kiddie tax” is tax on a child’s unearned income. The child’s investment and other unearned income over $2,200 is subject to the kiddie tax rules and ...
Jan 20, 2026 5 Views
media
How do I amend articles of incorporation in Nevada?
To make amendments to your Nevada corporation, you file the completed Certificate of Amendment form and provide it to the Secretary of State by mail, fax,...
Jan 20, 2026 5 Views
environment
Can you refinance an existing SBA 504 loan?
Existing 504 projects and government-guaranteed loans are not eligible to be refinanced. Traditional 504 Loan Program regulations apply to the 504 Debt Re...
Jan 20, 2026 5 Views