updates

What are the tax implications when a man gifts his wife money?

However note that even though the gift itself is exempt in the hands of the recipient, the income generated from the gift may be taxable under the clubbin...

Published: Apr 25, 2026

general

Do accident settlements count as income?

The majority of personal injury settlements are tax-free. This means that unless you qualify for an exception, you will not need to pay taxes on your sett...

Published: Apr 25, 2026

updates

Do you get a 1095-A every year?

If you were enrolled in health coverage during the year, you should receive a Form 1095-A, 1095-B, or 1095-C. In addition, if you were an employee of an e...

Published: Apr 25, 2026

news

What companies send money overseas?

If you are not familiar with some of the international money transfers, below is a list of the top 10 money transfer companies in Australia: Send (Our #1 ...

Published: Apr 25, 2026

updates

Do churches pay CA SDI?

for religious purposes and is operated, supervised, controlled, or principally supported by a church, convention, or association of churches are not subje...

Published: Apr 25, 2026

news

Can I collect spousal benefits if I remarry?

If you receive benefits as a widow, divorced widow, widower, or divorced widower — You cannot get benefits if you remarry before age 60 or if you are disa...

Published: Apr 25, 2026

updates

Can you be a Russian and US citizen?

U.S. law does not mention dual nationality or require a person to choose one citizenship or another. Also, a person who is automatically granted another c...

Published: Apr 25, 2026

general

How many years can you carry forward losses CGT?

4 years Reporting losses You do not have to report losses straight away – you can claim up to 4 years after the end of the tax year that you disposed of t...

Published: Apr 25, 2026

updates

Does Turkey have a tax treaty with the US?

This Agreement is the first bilateral income tax convention between the United States and Turkey, the only OECD partner country with which the United Stat...

Published: Apr 25, 2026

general

What does bare ownership mean?

right of virtual ownership bare-ownership is a right of virtual ownership. For example, the bare owner of a property has no right to occupy it or rent it ...

Published: Apr 25, 2026