Does C Corp have to have employees?
There is no law requiring a corporation to hire employees or pay them a salary. Once this type of company files its articles of incorporation, pays the re...
How can I get out of a delinquent student loan?
One way to get out of default is to repay the defaulted loan in full, but that’s not a practical option for most borrowers. The two main ways to get out o...
Does CA conform to 1031 exchanges?
[1] Since California law conforms to the federal rules for like-kind exchanges under IRC Section 1031, as of the “specified date” of January 1, 2015, with...
How do you tell your employer you are leaving immediately?
How to tell your boss you’re resigning Request an in-person meeting. Outline your reasons for quitting. Give at least two weeks’ notice. Offer to facilita...
What happens if you live in Mass and work in Connecticut?
If you work in MA and live in CT, you have to file a tax return in each state. You must file a non-resident MA return in addition to your home state CT re...
Is a donated car considered a gift?
If you donate a car to a qualified nonprofit organization, you may write off its value on your federal income tax return. If you donate your car to any pa...
How do you end a 50/50 partnership?
These, according to FindLaw, are the five steps to take when dissolving your partnership: Review Your Partnership Agreement. Discuss the Decision to Disso...
Do you have to pay taxes on a gift to your father?
Gift tax is combined with estate tax in the same tax code section. Your father is taxed on the combination of gifts during his lifetime and property left ...
What happens to social security if you work part time?
At that point, you also can earn as much as you want from working without it affecting your Social Security benefits. Also, if you are one of those early ...
What are the costs of selling a house after one year?
These costs include real estate agent commissions, and if you’re selling within one year capital gains tax on top of the normal closing costs associated w...
