Overview  At Investax, our clients frequently ask, “If I receive money from overseas, do I pay tax?” or “If my parents transfer some cash to me, do I pay tax?” This case study aims to shed light on these commonly asked questions. The example provided is not from one of our clients but is based […]

Overview  Many taxpayers use their primary residence for work or business purposes. A common concern is whether using the property in this way will affect their primary residence exemption. People often wonder, “Are we losing the primary residence exemption if we use the property for business purposes?” Another consideration is whether the property can be […]