general

Can a child inherit parents house?

Your adult children do not automatically inherit your house or any other property when you die. No law requires you to leave anything to your children or ...

Published: Apr 12, 2026

general

What is the cheapest Obamacare insurance?

For individuals who are eligible, the cheapest health insurance option is Medicaid. In order to be eligible in the federal insurance program, your househo...

Published: Apr 12, 2026

general

Is a 1040 a sole proprietorship?

Income Taxes for Sole Proprietorship IRS Form 1040 is the form used by individuals and, thus, by unincorporated sole proprietorships since they file under...

Published: Apr 12, 2026

general

What is included in section 1250 property?

Section 1250 addresses the taxing of gains from the sale of depreciable real property, such as commercial buildings, warehouses, barns, rental properties,...

Published: Apr 12, 2026

updates

Does a general partnership require writing?

A general partnership is created any time two or more people agree to go into business together. There’s no legal requirement for a contract or written ag...

Published: Apr 12, 2026

news

Can you deposit personal checks into LLC account?

While it’s perfectly legal to deposit a personal check into one of your LLC’s business accounts, there are certain negative results that can arise from do...

Published: Apr 12, 2026

news

Is student scholarship money taxable?

Scholarship money is generally tax free provided you are a candidate for a degree at an eligible institution and use the money to pay for qualified expens...

Published: Apr 12, 2026

news

What do you need to be a horse breeder?

While no specific degree or training is required to begin a career as a horse breeder, many in the industry do have a college degree in a field such as An...

Published: Apr 12, 2026

news

Where do I send my 5558?

File Form 5558 with the Department of Treasury, Internal Revenue Service Center, Ogden, UT 84201-0045. Private delivery services. You can use certain priv...

Published: Apr 12, 2026

news

How many questions are on the real estate exam for California?

150 California Real Estate Principles. Salesperson Licensing Exam is 3 hours and consists of 150 multiple-choice questions. A score of 70% or higher is re...

Published: Apr 12, 2026