What is the purpose of a LLC business?
The purpose of an LLC, or a limited liability company, is to shield the business owner from personal liability for the company’s debts. Most states allow ...
Published: Apr 22, 2026
Is furniture Rental a good business?
You can adopt a rent-to-own business model. This way your customers can pay monthly rental fees for a furniture item till its cost is covered. They can th...
Published: Apr 22, 2026
How do you account for expense accruals?
Usually, an accrued expense journal entry is a debit to an Expense account. The debit entry increases your expenses. You also apply a credit to an Accrued...
Published: Apr 22, 2026
Is Section 179 for business only?
Section 179 deductions can only be used for property that is primarily used for business. You must use the property for business more than half of the tim...
Published: Apr 22, 2026
Can cabinet Makers match existing cabinets?
The only way to truly get matching cabinets would be to get a custom cabinet maker to create the exact profile and proportion cabinets to you your existin...
Published: Apr 22, 2026
Can Canadians easily get US citizenship?
Unless born abroad to U.S. citizen parents, Canadian citizens cannot just apply for U.S. citizenship. Instead, Canadians usually have to be a permanent re...
Published: Apr 22, 2026
Can you get rheumatoid arthritis in your 30s?
More than two million Americans suffer from rheumatoid arthritis, also known as RA. About 75% of them are women, according to the American College of Rheu...
Published: Apr 22, 2026
When Should estate taxes be filed?
The Estate Tax Return (BIR Form 1801) shall be filed within one (1) year from the decedent’s death. In meritorious cases, the Commissioner shall have the ...
Published: Apr 22, 2026
How does Obama care affect my tax return?
Obamacare and the premium tax credit If you have an Obamacare plan through the Health Insurance Marketplace, then you may qualify for what’s known as a pr...
Published: Apr 22, 2026
How are capital gains taxed in an S Corp?
The stock basis of an S corp shareholder determines the capital gains tax on stock sale. In a straight stock sale, the capital gains tax liability is equa...
Published: Apr 22, 2026
