How long have you been renting a house without a lease?
Ask Sam: I’ve been renting for 19 years with no lease, and the landlord wants to evict me. What are my rights? Dear Sam: I’ve lived for 19 years in my pri...
Does car insurance count as a deduction?
Car insurance is tax deductible as part of a list of expenses for certain individuals. While you can deduct the cost of your car insurance premiums, they ...
How are severance payouts taxed?
Severance pay is taxed by the IRS the same as wages—you’ll have to pay employment (FICA) tax and income tax withholding at your usual rate. The same goes ...
Can you record a conversation without consent in NY?
New York’s wiretapping law is a “one-party consent” law. New York makes it a crime to record to record or eavesdrop on an in-person or telephone conversat...
Does the IRS still fax transcripts?
Starting June 28, 2019, the IRS will stop faxing tax transcripts to both taxpayers and third parties, including tax professionals. This action affects ind...
What happens to real estate after parents pass away?
Many families mistakenly believe inheriting property is as simple as listening to an official reading of their parents’ will. That may work in the movies,...
How do I sell my business checklist?
If you’re considering selling your small business, consider these seven steps to stay on the offensive. Determine the value of your company. Clean up your...
Is 1099 the same as corp to corp?
You may prefer a corp to corp arrangement instead of a 1099, as it protects you from the risks regarding the employer-employee relationship. The major dif...
How is secondary insurance calculated?
If you have coverage under a plan from your employer in addition to a spouse’s or parent’s plan, your own plan will be primary and the other plan will be ...
Do people over 65 pay property tax in SC?
The Homestead Exemption is a complete exemption of taxes on the first $50,000 in Fair Market Value of your Legal Residence for homeowners over age 65, tot...
