Do you pay sales tax on a leased car in Virginia?
At the End of Your Lease… Motor Vehicle Sales and Use Tax (MVSUT) will be assessed based on the residual value paid by the lessee to the lessor, unless th...
Category: Updates
What is payroll tax credit for increasing research activities?
The payroll-tax offset allows companies to receive a benefit for research activities even if they aren’t profitable. To be eligible for the credit, compan...
Is cash included in asset sale?
Asset sales generally do not include purchasing the target’s cash, and the seller typically retains its long-term debt obligations. Such a sale is charact...
Can a non-US resident own an LLC?
Can a Non-Resident of the United States Form or Own an LLC? Generally, there is no restriction in state LLC laws that limit who can form a limited liabili...
What is a qualified buyer in real estate?
One who is actively seeking property to purchase and has the financial ability to complete a purchase. How do I know if a buyer is qualified? How to Recog...
Do 1099s fill out W4?
Form 1099-MISC: Summary of Payments A Form 1099-MISC is to a Form W-9 like a Form W-2 is to a Form W-4. Except withholdings are not recorded. Like a Form ...
Can we withdraw mutual fund partially?
YES. Investors are free to sell a part of their investments in mutual funds whenever they chose to. The investors may also opt for Systematic Withdrawal P...
How common is brain damage at birth?
Among babies that are born full-term in the U.S., 3 in 1,000 will suffer from some degree of brain damage. Being deprived of oxygen during birth, known as...
Can you have dual citizenship in Greece and USA?
Greek citizenship may be acquired by descent or through naturalization. Greek law permits dual citizenship. A Greek national is a citizen of the European ...
Is Smart Circle a pyramid scheme?
In essence, Smart Circle is a pyramid scheme. Owners/Marketing Managers earn what is known as “residuals” for the success of the ones below them that they...
