Can you audit your own accounts?
Even if your company is usually exempt from an audit, you must get your accounts audited if shareholders who own at least 10% of shares (by number or valu...
Category: Environment
When does marital property become a community property?
In a community property state, marital property becomes community property, which is jointly owned by both spouses The division of community property, due...
How do I buy my first vacation home?
You’ll need at least a 10 percent down payment in order to buy a vacation home. And that’s with great credit and serious cash reserves. If your applicatio...
Do you have to be married to file separately in California?
But for California state taxes, if you’re in a registered domestic partnership, you can only file your return as married filing jointly or married filing ...
What are the rules for a single member LLC?
Like other types of LLCs, a single-member LLC gives owners certain asset and liability protections. Learn the rules in your state about SMLLCs, charging o...
Are guaranteed payments subject to tax?
Guaranteed payments are taxable income. They are treated as ordinary income and self-employment income for tax purposes. For partners receiving guaranteed...
Do graphic designers work for companies?
Graphic design agencies are hired by outside clients to produce creative work, which means the designers work with an assortment of brands. Agencies usual...
Can I use my 457 to buy real estate?
When it comes to tapping into the account early, 457(b) plans make it harder to withdraw money in an emergency. “In the 401(k) plan, if you needed money t...
Do you get checks with a checking account?
A checking account is a type of bank account that allows you to easily deposit and withdraw money for daily transactions. This may include depositing a ch...
Is Mass Mutual in trouble?
entered the retirement income market, the firm has shut… Almost five years after Massachusetts Mutual Life Insurance Co. entered the retirement income mar...
