updates

Under what circumstances can a shareholder have liability for corporate debts?

How Does a Shareholder Become Liable? Liability by agreement and personal guarantees. This is the most common form of shareholder liability. Bankruptcy. “...

Published: May 23, 2026

updates

What is the difference between a corporation and a family-owned store?

While corporate companies are known for having well-established internal structures, family-owned businesses oftentimes have a more flexible structure. Th...

Published: May 23, 2026

news

Who is the Randall County tax Assessor?

Tax Office Staff Name Title Email McMurray, Christina Tax Assessor/Collector Contact the Tax Office What are the property taxes in Amarillo Texas? SEE Det...

Published: May 23, 2026

updates

How do you check if a car has been totaled?

We’re sharing with you five signs when a car is considered totaled….If you can’t drive your car to the repair shop because of the following reasons, there...

Published: May 23, 2026

news

Does Down syndrome run in family?

Does Down Syndrome Run in Families? All 3 types of Down syndrome are genetic conditions (relating to the genes), but only 1% of all cases of Down syndrome...

Published: May 23, 2026

updates

Can individuals carryback NOLs?

New rules for NOL carrybacks. Taxpayers can carry back NOLs, including non-farm NOLs, arising from tax years beginning in 2018, 2019, and 2020 for 5 years...

Published: May 23, 2026

general

What is a casual labor employee?

Casual labor is a common term used in the employer. community to describe workers performing a variety. of services, usually on a temporary or part-time b...

Published: May 23, 2026

updates

How much I can gift to my sister?

Gifts up to Rs 50,000 per annum are exempt from tax in India. In addition, gifts from specific relatives like parents, spouse and siblings are also exempt...

Published: May 23, 2026

news

Are kind donations tax deductible?

Generally, a donor may deduct an in-kind (or, non-cash) donation as a charitable contribution. And a donor must obtain a written acknowledgment from the c...

Published: May 23, 2026

general

What are the current gifting limits?

For both 2020 and 2021, the annual gift-tax exclusion is $15,000 per donor, per recipient. Thus a giver can give anyone else—such as a relative, friend or...

Published: May 23, 2026