In its most basic form, a domestic partner agreement can provide a legally binding framework for unmarried couples or even roommates. Terms of such an agreement could include the percentage of household costs paid by each partner, whether the partners could jointly hold and thus be jointly respons...
It can become complex and cumbersome to measurehow diversified a portfolio is. In reality, it is impossible to calculate the actual degree of diversification; there are simply too many variables to consider across too many assets to truly quantify a single measure of diversification. Still, analyst...
A qualified domestic relations order (QDRO) means—or is defined as—a legal document that may be issued by a court. This type of document is often used in divorce agreements. A QDRO recognizes that a spouse, former spouse, child, or other dependent is entitled to receive some of the acc...
In addition to the Tax Report for Election of Consumption Taxpayer procedures, there are also cases in which small businesses, such as sole proprietorships, become taxable for consumption tax purposes. If you register as a qualified invoicing business, you will become a taxable business even if ...
Hyatt is definitely the most valuable transfer partner, but since I rarely stay at Hyatt hotels, I tend to use my points for flights. United is a great domestic option to have, but I have also found great deals on domestic flights by transferring my points to Air Canada and British ...
Is owned by the business as of the end of the tax year Was used by the business at any point during the year to produce qualified business income Hasn't been fully depreciated as of the end of the tax year If your taxable income before the QBI deduction is at or below the threshold,...
In the instance the shipment is for a sale of goods, the shipper may be prompted to provide a sender/receiver Tax ID number Whether the shipment is “Duties & Taxes Paid”, meaning the shipper incurs the full costs of the shipment, or “Duties & Taxes Unpaid”, whereby...
Excise Tax Offset Fee: American Express collects excise tax when you transfer points to U.S.-based airline mileage programs. You have the option to use points to cover this cost, but the redemption rate is only 0.5 cents per point. So, it's better to pay this excise tax out-of-pocket...
What Is Proof-of-Stake? Proof-of-stake, by contrast, relies on validators to maintain the cryptocurrency. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake. Generally, these tok...
A tax treaty is a bilateral agreement made by two countries to resolve issues involving double taxation of passive and active income.