updates

Can I sell options on stock I own?

Writing a covered call means you’re selling someone else the right to purchase a stock that you already own, at a specific price, within a specified time ...

Published: Apr 20, 2026

news

Are equipment lease payments tax deductible?

If the agreement is a lease, you may deduct the payments as rent. If the agreement is a conditional sales contract, you consider yourself as the outright ...

Published: Apr 20, 2026

news

How long after filing can I expect my tax return?

If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If ...

Published: Apr 20, 2026

news

Can a yacht be a business expense?

Purchase Price Expense Deduction: You can deduct the purchase expense of a yacht or boat outright that is bought for a legitimate business purpose such as...

Published: Apr 20, 2026

news

Do irrevocable trusts have EIN?

All irrevocable living trusts require an Employer Identification Number (EIN). If these trusts earn more than $600 in a year, they must file a form 1041 (...

Published: Apr 20, 2026

news

What is a SBC SARS?

COVID-19 measures: Small Business relief: We realise that new business and small business are the life blood of our economy. A small business that qualifi...

Published: Apr 20, 2026

general

What benefits am I entitled to if I am blind?

sight impaired/partially sighted You’ll be entitled to concessions such as discounts on bus and rail travel, as well as possible reductions in your counci...

Published: Apr 20, 2026

news

Are airfare travel expenses deductible?

Travel expenses include: Transport expenses are deductible when you travel in the course of performing your duties. This includes the cost of driving your...

Published: Apr 20, 2026

news

Can I invite my friend to Australia?

As an Australian citizen or permanent resident, you can sponsor family members to visit Australia. Unfortunately there is no visitor visa to sponsor a fri...

Published: Apr 20, 2026

news

Can a daughter give money to her mother?

Transfer of Money from son to Parent (Mother/ Father) M – no tax would be levied on transfer of this money as this is a gift from son to parent. Parent an...

Published: Apr 20, 2026