Are student loans tax deductible for parents?
If you borrowed money in the form of a Parent PLUS Loan to finance your child’s college education, then you may be wondering if you qualify for any tax br...
Published: Apr 19, 2026
How is personal property tax calculated in Alabama?
Business personal property is considered Class II property and is taxed at 20% of market value. Market value multiplied by twenty percent equals the asses...
Published: Apr 19, 2026
What is spousal abandonment in Louisiana?
abandonment by one spouse for at least 12 months. physical or sexual abuse by one spouse toward the other, or one of the couple’s children. separation for...
Published: Apr 19, 2026
Can small business write off gas?
Yes, you can deduct the cost of gasoline on your taxes. Use the actual expense method to claim the cost of gasoline, taxes, oil and other car-related expe...
Published: Apr 19, 2026
What happens when gifted students are not challenged?
Academic Problems If it is too hard or too easy, children will give up. Gifted children who are not given challenging work in school may end up being unde...
Published: Apr 19, 2026
Does investment property sale count as income?
If you sold an investment property that you held for a year or less, you’d have a short-term capital gain, which is taxable as ordinary income. Of course,...
Published: Apr 19, 2026
What is the 5-year IRA rule?
The 5-year rule deals with withdrawals from IRAs. One set of 5-year rules applies to Roth IRAs, dictating a waiting period before earnings or converted fu...
Published: Apr 19, 2026
How do I report money paid in cash?
People report the payment by filing Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business PDF. A person can file Form 8300 elect...
Published: Apr 19, 2026
Do you have to be a minister to have a ministry?
You don’t need a degree to be a pastor. But technically, it depends on where you want to be a pastor. Every church has their own criteria to determine if ...
Published: Apr 19, 2026
Who should issue 1099b?
A separate Form 1099-B must be filed for whoever has sold (including short sales) stocks, commodities, regulated futures contracts, foreign currency contr...
Published: Apr 19, 2026
