Can a non US citizen have a 401k?
The short answer is “yes.” While some people might believe retirement accounts are only available to citizens, non-citizens can have a 401(k) and a tradit...
Category: Updates
How do you write an excerpt from an article?
Tips For Writing Good Excerpts Write pithy descriptions. Consider, for a moment, the descriptions you see when you do a search at Google; two lines, 150 c...
Is your tax refund considered income for the next year?
If you did not itemize deductions on your federal tax return last year, do not report any of the refund as income. In general, state and local income tax ...
When to file Form 5471 for a foreign corporation?
FILING IRS FORM 5471 FOR A FOREIGN CORPORATION. If you as a US Citizen own 10% or more of a foreign corporation (a corporation organized outside of the US...
How long can I claim someone as a dependent?
You can claim dependent children until they turn 19, unless they go to college, in which case they can be claimed until they turn 24. If your child is 24 ...
What is the largest family-owned business?
The World’s Top 750 Family Businesses Ranking Rank Company Family Owners 1 Walmart Inc. Walton 2 Volkswagen AG Piech and Porsche 3 Berkshire Hathaway Inc....
Why did banks go under in 2008?
The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives...
How health insurance is regulated?
States primarily regulate health insurance by setting standards for when and on what terms a state-licensed health insurer must accept an applicant. Feder...
How much do trucking companies spend on fuel?
Big rigs drive an average of 91,506 miles per year, while straight trucks log 25,720 miles….Average Motor Carrier Cost Per Mile 2018 (ATRI) 2018 Cost % of...
Can my wife work if I have H-1B visa?
Can H1B visa dependents work? The H-4 visa allows H-1B spouses and dependant children to join the H-1B visa holder in the US. Certain H-4 visa holders are...
