updates

Do you have to pay tax on a down payment?

While you do not pay sales tax on down payments, there are factors that impact how much sales tax you’ll pay. If you trade in your current vehicle to put ...

Published: Apr 28, 2026

news

Can you lose a scholarship for plagiarizing?

Your scholarship provider will likely find out about any serious wrongdoing you commit. This includes underage drinking, substance abuse, plagiarism, and ...

Published: Apr 28, 2026

general

What is a royalty interest in oil and gas?

Royalty interest in the oil and gas industry refers to ownership of a portion of a resource or the revenue it produces. A company or person that owns a ro...

Published: Apr 28, 2026

general

What is mining in construction?

The mining process starts with the breaking up of the rock face and continues through the processing of the minerals, utilizing such technology as cutting...

Published: Apr 28, 2026

news

How often can you buy and sell stocks without being a day trader?

Retail investors cannot buy and sell a stock on the same day any more than four times in a five business day period. This is known as the pattern day trad...

Published: Apr 28, 2026

news

What is necessary journal entry?

At a minimum, an accounting journal entry should include the following: The accounts into which the debits and credits are to be recorded. It may be neces...

Published: Apr 28, 2026

updates

Is it good for children to live abroad?

The skills they learn as kids growing up abroad will stand them in good stead for the rest of their lives as they’ll learn to move seamlessly between cult...

Published: Apr 28, 2026

news

Where do fringe benefits go on tax return?

Any fringe benefit provided to an employee is taxable income for that person unless the tax law specifically excludes it from taxation. Taxable fringe ben...

Published: Apr 28, 2026

news

Can a child open a 529 plan?

Anyone can open and fund a 529 savings plan—the student, parents, grandparents, or other friends and relatives. How do I open a 529 plan in Oregon? Here’s...

Published: Apr 28, 2026

general

Do I need to 1099 my personal trainer?

Since your trainees are individuals, not businesses, they won’t be sending you a Form 1099-NEC. But you’re still responsible to report earnings on your ta...

Published: Apr 28, 2026