global affairs
When can I file my 2021 with TurboTax?
February 12, 2021 The IRS announced that they will begin processing tax returns on Friday, February 12, 2021. You can get started now with TurboTax and be...
Mar 17, 2026 1 views
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Global Affairs
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global affairs
Do mutual funds pass on capital losses?
Although mutual funds are not permitted to pass along their net capital losses to shareholders, they can carry the losses forward on their books, just as ...
Mar 17, 2026 1 views
global affairs
Can a husband retire at 65 and his wife at 67?
TiVoAussie writes… This stinks, the husband in question can retire and claim the pension at 65.5 y/o in 2018, but his wife not until she reaches 67, in 20...
Mar 16, 2026 1 views
global affairs
What happened to real estate in the 1970s?
In the 1970s, U.S. asset markets witnessed (i) a 25% dip in the ratio of aggregate household wealth relative to GDP and (ii) negative comovement of house ...
Mar 16, 2026 1 views
global affairs
What happens if you put your house in a trust?
Putting your house in a trust will save your children or spouse from the hefty fee of probate costs, which can be up to 3% of your asset’s value. When you...
Mar 16, 2026 1 views
global affairs
Does Mexico allow dual citizenship with us?
During a 17 October 2002 telephone interview, consular staff at the Embassy of Mexico in Ottawa stated that there is no formal agreement between Mexico an...
Mar 16, 2026 1 views
global affairs
Can Canadians own American real estate?
Whether it is for your family, retirement, investment or a rental vehicle for extra income, Canadian citizens can buy real estate in the United State with...
Mar 16, 2026 1 views
global affairs
Where do distributions go on 1120S?
Payments to shareholders for reimbursement of expenses should be reported on the appropriate expense line. For financial reporting, S corporation distribu...
Mar 16, 2026 1 views
global affairs
How do we calculate paid-in capital?
How Is Paid-In Capital Calculated? Paid-in capital is the total amount received from the issuance of common or preferred stock. It is calculated by adding...
Mar 16, 2026 1 views
global affairs
How do you offset capital gains with capital losses?
Losses on your investments are first used to offset capital gains of the same type. So, short-term losses are first deducted against short-term gains, and...
Mar 16, 2026 1 views
global affairs
Are capital gains taxed in corporate finance?
Unlike individuals who face lower tax rates on capital gains income than on ordinary income, U.S. corporations do not receive preferential tax rates on re...
Mar 16, 2026 1 views
global affairs
Who must file a NJ non resident tax return?
A person who receives income from a New Jersey source while a nonresident, and whose income from all sources for the entire year exceeds $7,500 ($3,750 if...
Mar 16, 2026 1 views
