One of the best-selling personal finance books in recent memory is“Rich Dad Poor Dad,” by Robert T. Kiyosaki. The cover even proclaims that it is “The #1 ...
Published: May 01, 2026
What are payroll deductions? Income tax. Social security tax. 401(k) contributions. Wage garnishments. Child support payments. What is deducted from an em...
Published: May 01, 2026
People in the military can change their “legal residence” to a state that does not have an income tax. Currently there are seven such states: Florida, Tex...
Published: May 01, 2026
Individuals or couples can set up a charitable gift annuity. (You are the “annuitants,” which is the specific name for beneficiaries of annuities and many...
Published: May 01, 2026
Your S-Corporation basis is your individual equity in the S-Corporation. When you contribute funds or other property into an S-Corporation, your basis inc...
Published: May 01, 2026
Getting a weekly check ensures your clients can pay their bills as they come in—instead of having to budget less consistent payroll options (like monthly ...
Published: May 01, 2026
Is HH bond interest taxable? The interest that your HH bonds earn every six months is subject to federal income tax, but not to state or local income tax....
Published: May 01, 2026
If you experience job loss, you might consider looking for part-time employment or filing a claim to receive unemployment benefits. However, many states a...
Published: May 01, 2026
Forced selling or forced liquidation usually entails the involuntary sale of assets or securities to create liquidity in the event of an uncontrollable or...
Published: May 01, 2026
If you don’t, you can’t claim a Section 179 deduction. Instead, you must depreciate the property using the alternative depreciation system (ADS). The stra...
Published: May 01, 2026