updates

What does a gift letter mean for mortgage process?

As it applies to your mortgage, a gift letter is a note from the donor that says you don’t have to pay the money back. If you’re using gift money for part...

Published: Jun 02, 2026

general

Can net rental loss be carried forward?

Individuals can generally carry forward a tax loss indefinitely, but must claim a tax loss at the first opportunity. You cannot choose to hold onto losses...

Published: Jun 02, 2026

general

How do I follow up my UIF payment?

How To Check UIF Claim Status Online Please visit Then click on check my status. Follow the instructions as they appear on your screen. Enter the Captcha ...

Published: Jun 02, 2026

updates

Does Mexico have double taxation?

The United States – Mexico Tax Treaty covers double taxation with regards to income tax and capital gains tax, however, as mentioned earlier, due to a Sav...

Published: Jun 02, 2026

general

Who is considered a minority shareholder?

A minority shareholder is a shareholder who does not hold majority control over a company (less than 50%). A majority shareholder, in contrast, holds over...

Published: Jun 02, 2026

news

Can I hire someone as a contractor?

The IRS considers that worker to be an employee unless you can prove otherwise. If you hire a new worker as an independent contractor and that person shou...

Published: Jun 02, 2026

news

How do I claim capital cost allowance?

To calculate CCA, list all the additional depreciable property your business has bought this year. Then, determine how much of the purchase cost of each p...

Published: Jun 02, 2026

updates

When did Arizona start state taxes?

The provisions of this law were effective January 1, 1978. Laws 1978, Chapter 213 established a new income tax code for the State of Arizona which was to ...

Published: Jun 02, 2026

news

Is Section 179 available for used vehicles?

Vehicles used in your businesses qualify – but certain passenger vehicles have a total depreciation deduction limitation of $11,060, while other vehicles ...

Published: Jun 02, 2026

updates

How can I tell if a document has been signed?

What to check when you receive a digitally signed document If a blue ribbon symbol appears, that means the signature is sent by a trusted signer and the s...

Published: Jun 02, 2026