news

How do I get a copy of my EIN award letter?

If you have lost your EIN Verification Letter from the Department of Treasury, you can request a new one. To do so, call the IRS Business & Specialty ...

Published: Jun 04, 2026

updates

Why did Social Security stop getting deducted from my paycheck?

Some workers are exempt from paying Social Security taxes if they, their employer, and the sect, order, or organization they belong to officially decline ...

Published: Jun 04, 2026

general

What is an unfunded retirement plan?

Unfunded pension plans do not have any assets set aside, meaning that retirement benefits are usually paid directly from employer contributions. Also call...

Published: Jun 04, 2026

news

Do IRAS have penalties?

If you withdraw contributions before the five-year period is over, you might have to pay a 10% Roth IRA early withdrawal penalty. This is a penalty on the...

Published: Jun 04, 2026

updates

Are insurance agents trustworthy?

Avoid Any Agent Who Suggests You Lie to Your Insurer While most insurance agents and brokers are honest, trustworthy individuals, the industry has a few b...

Published: Jun 04, 2026

updates

What does it mean to start a social enterprise?

A social enterprise is a revenue-generating organization whose objective is to have a social impact. Social enterprises include “non-profit organizations”...

Published: Jun 04, 2026

news

What is a revocable trust mean?

Deeper definition A revocable trust is a legal document that places the grantor’s assets into a trust during his lifetime and then distributes them to his...

Published: Jun 04, 2026

news

How is the sale of a patent taxed?

Non-capital assets are usually intangible properties, such as patents. Typically, the sale or trade of a capital asset is taxed at the capital gain or los...

Published: Jun 04, 2026

updates

What is resident status in Japan?

Status of Residence is the legal status under which a foreign national is permitted to stay in Japan. Your status is written on your passport. You cannot ...

Published: Jun 04, 2026

general

Can a trust distribute stock to a beneficiary?

This law allows a trust to distribute appreciated assets in kind while treating them as having been sold. This way, the trust would in fact distribute sto...

Published: Jun 04, 2026