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Is it possible to get a replacement Social Security card online?

You May Be Able to Apply for a Replacement Card Online You can use a my Social Security account to apply for a replacement Social Security card online if ...

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Knowledge Base

Latest insights and tutorials from the The Daily Insight team.

Can you take a loss on a self-rental?

Self-Rental Rule In a Nutshell The Internal Revenue Code (IRC) generally prohibits taxpayers from deducting passive activity losses (PALs). The self-renta...

What is Box 11 on a 1099 Misc?

Box 11. You are required to keep records showing the date and amount of each cash payment made during the year, but you must report only the total amount ...

Can retirees deduct Medicare premiums?

Fortunately, some of these expenses are deductible if you itemize your personal deductions. These include health insurance premiums (including Medicare pr...

Can I ignore W-8BEN?

The forms (especially the W-8BEN-E) can be daunting, even to an experienced professional. Ignoring these forms can cause the institution to withhold at th...

Can a foreign entity own a US LLC?

Can a foreign person own a U.S. LLC? Yes. Generally, there are no restrictions on foreign ownership of any company formed in the United States, except for...

How do you call the IRS and actually talk to someone?

Contact an IRS customer service representative to correct any agency errors by calling 800-829-1040. Customer service representatives are available Monday...

How long does an executor have to distribute assets in Georgia?

Let’s look at the normal timeframe to settle an estate in Georgia. When there are no disputes between family members, I would expect it to take an average...

Can you still offset gambling winnings with losses?

You may deduct gambling losses only if you itemize your deductions on Schedule A (Form 1040) and kept a record of your winnings and losses. The amount of ...

Can I live in Finland as an American?

Immigrating to Finland from USA Without obtaining a permit, it is only possible to live in Finland for up to 90 days. You must obtain a residence permit t...