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Most self-employed taxpayers are required to make quarterly estimated tax payments. There are four payment deadlines throughout the year, and you're responsible for figuring out how much you owe in estimated taxes. If you're self-employed, here's everyth
The Tax Board seems to be rather decent and willing for us to resolve all of these matters so we will try our best to do so ASAP, but we are waiting on TurboTax on getting us the past filings from the previous years so that we can accurately fill out the 568 forms for all those ...
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First Nations people worldwide, sustainability has remained integral to social and cultural practices for millennia. In New Zealand, a Māori proverb says: 'Manaaki whenua, manaaki tāngata, haere whakamua.'1 If we care for the land, if we care for people, we can move forwa...
When you buy Treasuries in a taxable brokerage account, the brokerage firm will send you the necessary tax form for your taxes after the end of the year. The gains are taxed as ordinary income, not as a capital gain. If you do your taxes with tax software such as TurboTax, the tax so...
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Any payments you receive after a tenant exercises an option to buy are treated as proceeds from a sale rather than rental income. If you personally use a vacation home for more than 14 days in a year, or more than 10 percent of the days you rent it out to others at a fair market ...
When a loan is secured by property, such as a mortgage where the home and land stand as collateral, and the lender takes the property as full or partial settlement of the debt, it is considered a sale for tax purposes, not a forgiven debt. In that case, you may need to report...
When a loan is secured by property, such as a mortgage where the home and land stand as collateral, and the lender takes the property as full or partial settlement of the debt, it is considered a sale for tax purposes, not a forgiven debt. In that case, you may need to rep...