// current events
Can you be penalized for paying too much taxes?
The IRS does not penalize you for paying in too much in taxes during the year. Instead, you will receive the amount of the tax overpayment back as a refun...
02 Mar 2026 0 views
Current Events
// current events
Can I work remotely while in another country?
And countries around the world are offering workers the option to do just that, through remote work programs. That’s according to Remote.co, a website lau...
02 Mar 2026 1 views
// current events
When do you have to file a 1040X tax return?
File Form 1040X only after you have filed your original return. Generally, for a credit or refund, you must file Form 1040X within 3 years (including exte...
02 Mar 2026 0 views
// current events
Can I still mail in my tax return 2020?
For the 2020 tax return, the due date is May 17, 2021. Your return is considered filed on time if the envelope is properly addressed, has enough postage, ...
02 Mar 2026 0 views
// current events
How are CFCs taxed in the US?
U.S. shareholders of CFCs are subject to specific anti-deferral rules under the U.S. tax code, which may require a U.S. shareholder of a CFC to report and...
02 Mar 2026 0 views
// current events
Do I need to file an extension if the IRS owes me money?
The IRS offers an automatic six-month extension for filing a federal tax return to anyone who asks. If you owe tax money, you still need to pay it by the ...
02 Mar 2026 0 views
// current events
How much does my spouse get from Social Security?
At her full retirement age, she will receive her own $250 retirement benefit, and we will add $150 from her spouse’s benefit, for a total of $400. Keep in...
02 Mar 2026 0 views
// current events
What is the tax rate on corporate?
A domestic corporate entity with a turnover upto Rs. 250 Crore, pays a flat rate of 25% corporate tax. For a particular financial year, if the total reven...
02 Mar 2026 0 views
// current events
Can you get a prenup after marriage in California?
As long as your agreement fulfills California’s legal requirements, the courts will consider it valid no matter how long you have been married. In fact, p...
02 Mar 2026 0 views
// current events
What is goodwill when selling a business?
Goodwill is an intangible asset that is associated with the purchase of one company by another. Specifically, goodwill is the portion of the purchase pric...
02 Mar 2026 0 views