general

Can an LLC hire employees?

A limited liability company (LLC) is a business structure that may be treated as either a corporation, a partnership, or sole owner business. LLCs can hav...

Published: Apr 27, 2026

news

What are the federal tax rates for married couples?

Here is a look at what the brackets and tax rates are for 2020 (filing 2021): Tax rate Single filers Married filing jointly* 10% $0 – $9,875 $0 – $19,750 ...

Published: Apr 27, 2026

updates

When can Suspended losses be used?

Rental property passive losses that are not deductible right away are called suspended passive losses. These deductions are not lost forever. Rather, they...

Published: Apr 27, 2026

updates

What is the purpose of online blogging?

So, the main purpose of a blog is to connect you to the relevant audience. Another one is to boost your traffic and send quality leads to your website. Th...

Published: Apr 27, 2026

news

Can you deduct homeowner association fees?

If your property is used for rental purposes, the IRS considers HOA fees tax deductible as a rental expense. If you purchase property as your primary resi...

Published: Apr 27, 2026

general

Are refugees claimants eligible for child tax benefit?

Yes, sponsored refugee families with children are eligible for a child tax benefit when they get to Canada. Refugees should apply as soon as they arrive i...

Published: Apr 27, 2026

updates

How long is a short term contract?

short term contract means a contract of determinate duration of not more than 24 months. What is considered a short term contract? A short-term position i...

Published: Apr 27, 2026

updates

How do married couples hold ownership California?

California married couples generally have three options to take title to their community (vs separate) property real estate: community property, joint ten...

Published: Apr 27, 2026

general

Can you transfer property between husband and wife?

Transfers of assets between other persons do not escape capital gains tax. However, because stamp duty land tax is based on ‘consideration’ (effectively t...

Published: Apr 27, 2026

general

Who does age 72 RMD apply to?

However, if the retirement plan account is an IRA or the account owner is a 5% owner of the business sponsoring the retirement plan, the RMDs must begin o...

Published: Apr 27, 2026