After the fiscal cliff deal, the level of the debt ceiling is the next big debate to be had. Budget Control Act is a 2011 federal statute to increase the United States’ debt ceiling, thereby avoiding the risk of sovereign debt default. Department of the Treasury, the debt ceiling has been raised, extended, or revised 78 separate times ...
Some services, like Sling TV, allow you to customize your channel lineups and watch live TV. Certain streaming services even have partnerships with sports networks like ESPN, so you never have to miss a game. Unfortunately, this may not work if there aren’t multiple cable providers in your area, but it’s worth a shot if there ...
You should receive an email notification once your return is accepted. After you receive confirmation, you can expect to receive your refund based on the estimated schedule above. This schedule varies by the method you sent your return in, when you file, and what credits you claim. If you have tax software or work with a tax professional, it ...
Those with ITINs who were precluded from receiving the $1,200 federal stimulus check last spring and the subsequent $600 federal payment are also eligible to receive a $600 relief payment under California’s relief plan. California Gov. Gavin Newsom announced Wednesday that 5.7 million Californians will receive $600 stimulus checks as ...
Determine the Fair Market Value of the property before the disaster and the Fair Market Value of the property after the disaster. In our case, C&P had an appraisal on the property right before the fire due to a refinance. The Fair Market Value of the property after the fire is $200,000 . In addition, penalties on payroll and excise tax ...
In these situations, our firm aggressively represents clients throughout all stages of the litigation process. Taxpayers undergoing an audit can be subject to the imposition of additional taxes as well as interest and penalties. Depending upon the finding of the audit, there may be no required changes to the taxpayer’s reporting and ...