updates

What happens if you file Form 2553 late?

The consequences of a late S election or failing to file an S election can be severe. First, the corporation will be taxed as a C Corporation and subject ...

Published: Jun 01, 2026

news

What are Goodwill receipts for?

The Goodwill donation receipt is used to claim a tax deduction for clothing and household property that are itemized on your taxes. The donor (you) is res...

Published: Jun 01, 2026

general

Should you front load a 529?

Front-loading the plan allows earnings to be compounded on more money over a longer time period. In other words, the more you put in initially, the longer...

Published: Jun 01, 2026

news

Do nursing homes make dementia worse?

Summary: People with Alzheimer’s disease experience an acceleration in the rate of cognitive decline after being placed in a nursing home according to a n...

Published: Jun 01, 2026

general

Who pays B&O tax in Washington state?

The Manufacturing B&O tax rate is 0.484 percent (0.00484) of your gross receipts. For products manufactured and sold in Washington, a business owner i...

Published: Jun 01, 2026

general

How do you cite a case online?

To cite a court case or decision, list the name of the case, the volume and abbreviated name of the reporter, the page number, the name of the court, the ...

Published: Jun 01, 2026

general

How long do you need to stay in a house to not lose money?

“As a general rule, a buyer should plan on staying five or more years in a home,” says Ailion. “A big reason for this is the transaction costs of selling ...

Published: Jun 01, 2026

updates

Are bonuses taxed in the year they are paid?

While bonuses are subject to income taxes, they don’t simply get added to your income and taxed at your top marginal tax rate. Instead, your bonus counts ...

Published: Jun 01, 2026

news

How do you resolve a dispute with a builder?

How to Handle Disputes with Builders Give Them a Chance to Put Things Right. In dispute resolution, communication is always key to avoiding a lengthy and ...

Published: Jun 01, 2026

news

Are disability payments federally taxable?

State Disability Insurance (SDI) SDI benefits are taxable only if paid as a substitute for unemployment insurance (UI) benefits. When SDI benefits are rec...

Published: Jun 01, 2026