economy
Do you pay capital gains and depreciation recapture?
If a taxpayer is selling an investment property, a capital gains tax applies to depreciation recapture. However, in some other cases when a taxpayer finan...
Jan 14, 2026 3 Views
Topics: Economy
economy
Why do I keep getting calls saying I called them?
Your number is being spoofed. Caller ID spoofing makes it look like a different number is calling from the actual originating number. Doctor offices do th...
Jan 14, 2026 3 Views
economy
What is it called when taxes are based on income?
Individual income tax is also referred to as personal income tax. This type of income tax is levied on an individual’s wages, salaries, and other types of...
Jan 14, 2026 3 Views
economy
What to buy someone who just bought an RV?
Fun RV Gift Ideas For Anyone State Sticker Map. Maps are fun. Camper Mug. If we’re talking motorhome gift ideas, a decorative camping mug might be a great...
Jan 14, 2026 3 Views
economy
Do PA state employees get a pension?
The Pennsylvania State Employees’ Retirement System manages the pension benefits of approximately 239,000 employees and retirees for 102 public sector emp...
Jan 14, 2026 3 Views
economy
How many years back can be filed?
More In Tax Pros Prior Year Returns – MeF allows filing of prior year 1040 returns. As a new tax form type is added to the MeF platform, tax returns will ...
Jan 14, 2026 3 Views
economy
Can you claim losses on real estate?
Losses from selling a personal residence are not deductible. Generally, you can only claim tax losses for sales of property used for business or investmen...
Jan 14, 2026 3 Views
economy
How does the IRS know if I took my RMD?
How likely is it that you’ll get caught? The custodians that administer your account have to report what your RMDs are. They send that report to you and t...
Jan 14, 2026 3 Views
economy
Is an apartment building considered multi family?
As the name implies, single-family properties are residential buildings with only one available unit to rent, while multi-family properties, also commonly...
Jan 14, 2026 3 Views
economy
Who is eligible for healthcare marketplace?
To be eligible to enroll in Marketplace Health Insurance, you must live in the U.S., be a U.S. citizen or national (or be lawfully present), and not be in...
Jan 14, 2026 2 Views