Does a gift of equity count towards down payment?
A gift of equity involves the sale of a residence at a price below its current market value, but no physical money changes hands. A gift of equity usually...
Jan 17, 2026 4 VIEWS
Topic: Business And Economy
3594 Articles 
Can your job fire you for leaving for the military?
Yes. If there is a legitimate business reason for the layoff and for the selection of the employee on military leave, an employer may be permitted to lay ...
Jan 17, 2026 4 VIEWS
How much do you get for claiming a dependent 2021?
The credit amount is up to $2,000 per qualifying dependent child 16 or younger at the end of the calendar year. There is a $500 nonrefundable credit for q...
Jan 17, 2026 3 VIEWS
Do you issue 1099 to C Corp?
Probably not. Generally, payments to a corporation (including a limited liability company (LLC) that is treated as a C or S corporation) do not have to be...
Jan 17, 2026 3 VIEWS
Can loaned property be sold?
Answer: In case you want to sell the property on which you have a running home loan, you will need your lender’s consent for the same. After the payment o...
Jan 17, 2026 4 VIEWS
Can I defer my back tax payment?
If you can’t pay your tax bill in 90 days and want to get on a payment plan, you can apply for an installment agreement. Typically, you will have up to 12...
Jan 17, 2026 3 VIEWS
Can you rent apartment on H1B?
While in the US on an H-1B, you are permitted to invest in a rental property and become a landlord. Landlording can be a lucrative way to generate passive...
Jan 17, 2026 4 VIEWS
What is a 8278 tax?
Form 8278 is an adjustment document (ADJ54) used for assessments or abatements of return preparer penalties and other miscellaneous civil penalties that a...
Jan 17, 2026 4 VIEWS
Can an individual trade options?
Options trading is the buying and selling of options. Options are financial contracts that offer you the right, but not the obligation, to buy or sell an ...
Jan 17, 2026 3 VIEWS
Can a real estate broker work alone?
Real Estate Broker Unlike real estate agents, brokers can work independently and start their own brokerage and hire other real estate agents. What is an i...
Jan 17, 2026 3 VIEWS
Does a business have to charge tax?
Most businesses in Canada have to collect the goods and services tax (GST) or the harmonized sales tax (HST). (There is no provincial sales tax in Alberta...
Jan 17, 2026 4 VIEWS
What if my accountant does my taxes wrong?
Regardless of the mistakes your tax preparer made, it is ultimately up to you to pay what you owe to the IRS. You bear the responsibility of paying penalt...
Jan 17, 2026 4 VIEWS