Can I amend an FBAR?
File an Amended FBAR According to the FBAR instructions, a person who previously filed an FBAR but mistakenly provided incomplete or inaccurate informatio...
Category: General
What type of agent does not own his book of insurance business?
More often they do not own their book of business. Meaning, if they were to quit, the policies that they have written would stay with the employer/insuran...
What to do at the end of the Year for S corporation?
Make sure before the year ends that you reimburse S corporation shareholders and shareholder-employees for any personally paid business expenses. For exam...
How long can a US citizen live in Greece?
90 days US citizens can visit Greece for 90 days without needing a visa or permit. Though if you’re visiting Greece for longer than 90 days, you need an e...
Where are executors fees reported on a 1040?
They are generally reported on the schedule C – – including deductible expenses. ONLY if you do not have any expenses then you may report your income on l...
Can a company rent out a residential property?
Companies and Residential Tenancies Property can be rented by a company as a ‘residential tenancy’. Note, however, that if property is rented for the purp...
Can I contribute to a Roth IRA and a 403b in the same year?
If you qualify for both a Roth IRA and a 403(b), which should you choose? For many, the answer is “both” – you can absolutely contribute to both a 403(b) ...
Can I offset capital gains with capital losses?
Can I deduct my capital losses? Yes, but there are limits. Losses on your investments are first used to offset capital gains of the same type. Any excess ...
What is an IBM partner?
IBM PartnerWorld is a program run by IBM that offers resources and benefits to help channel partners promote and sell IBM products. IBM PartnerWorld has t...
How much does a new grain bin cost?
As for the capital cost of putting in a grain bin, the current cost for a 10,000-bushel capacity is $32,525, says Luke-Morgan, or $3.25 per bushel for ins...
