You can deduct sales tax on a vehicle purchase, but only the state and local sales tax. You’ll only want to deduct sales tax if you paid more in state and...

Lump sum payments in arrears (LSPIA) are taxable in the year you receive payment. You may be eligible for a tax offset to reduce your tax payable. What is...

four years What are the time limits for claiming back tax? You have four years from the end of the tax year in which the overpayment arose to claim a refu...

Within the tax code, there is a rule that states every expense or transaction from an FSA or HRA must be substantiated. This means there needs to be proof...

8 Steps to Transition your HOA or COA from Developer to Owner Create a transition team early on. Hire professionals to assist with the transition (HOA man...

You can use several free online and offline resources to look up a past stock price. Visit a financial website such as Yahoo! Enter the company’s ticker s...

yes of course. Sign a lease with them in case you want to get them out at any time…a monthly rental would be best. If you own a second home, you can charg...

Typically, valuation in eminent domain cases turns on the “fair market value” of the property at the time of the taking. A determination of fair market va...

If you receive rental income from the rental of a dwelling unit, there are certain rental expenses you may deduct on your tax return. These expenses may i...

Statement of Financial Translations or SFT refers to information related to certain high-value transactions which specified persons are required to report...