news

How long can a Canadian stay in the US if they own property?

six months American immigration rules allow Canadians (citizens or legal permanent residents) to stay in the U.S. as visitors for up to six months in any ...

Published: Apr 20, 2026

general

What is the corporate tax due date?

April 15th Federal income tax return, Form 1120, is due by April 15th for calendar year taxpayers, or the 15th day of the 4th month following the close of...

Published: Apr 20, 2026

general

Who is usually involved in a partnership?

A partnership arises whenever two or more people co-own a business and share in the profits and losses of the business. Other business legal structures in...

Published: Apr 20, 2026

general

Do I have to report my 529?

Unlike an IRA, contributions to a 529 plan are not deductible and therefore do not have to be reported on federal income tax returns. What’s more, the inv...

Published: Apr 20, 2026

news

Can I use the remainder of my home loan for renovations?

According to the HomeStyle Renovation Mortgages: Loan and Borrower Eligibility requirements, borrowers purchasing a home cannot incur rehab costs more tha...

Published: Apr 20, 2026

updates

How far back can you order tax returns?

six years Taxpayers who need an actual copy of a tax return can get one for the current tax year and as far back as six years. The fee per copy is $50. A ...

Published: Apr 20, 2026

general

How do parents decide who claims child on taxes?

For tax purposes, the custodial parent is usually the parent the child lives with the most nights. If the child lived with each parent for an equal number...

Published: Apr 20, 2026

news

Can an IRA be titled in the name of a trust?

You cannot put your individual retirement account (IRA) in a trust while you are living. You can, however, name a trust as the beneficiary of your IRA and...

Published: Apr 20, 2026

general

Can you have two children on SSI?

Both children and adults can receive SSI benefits if they meet the Social Security Administration’s (SSA) definition of dis- ability (see pages 5-6) and i...

Published: Apr 20, 2026

updates

Are VA benefits taxable by the state?

VA Disability Taxability by State Only California, Montana, New Mexico, North Dakota, Rhode Island, Utah, Vermont and Virginia require veterans to pay tax...

Published: Apr 20, 2026