news

Can I transfer S Corp to C Corp?

You can voluntarily change from an S corp to a C corp anytime you wish. If you want the change to take effect on the first day of your corporation’s taxab...

Published: May 20, 2026

general

How do you get around the 10 year RV rule?

So, regularly washing and wax a pop-up camper, travel trailer, fifth-wheel, or motorhome can help with the ten-year rule. Doing so will mean the luster of...

Published: May 20, 2026

news

How do I verify an overseas bank account?

Offshore banks require your personal information, such as your name, date of birth, address, citizenship, and occupation. To verify your personal informat...

Published: May 20, 2026

updates

Do nonprofit board members donate?

Statistics. According to a recent BoardSource survey, 68 percent of nonprofit organizations have a policy requiring board members to make a personal contr...

Published: May 20, 2026

updates

What is the purpose of a progressive dinner?

A progressive dinner party is an event where guests enjoy a multiple course meal, but each course is at a different destination. Progressive dinner partie...

Published: May 20, 2026

general

How do I start a taxi service in Georgia?

The following steps could help you to get ready to start the taxi business: Establish the business plans. Establish tariffs and route plans. Plan for vehi...

Published: May 20, 2026

general

How much money can be gifted to a child each year?

The annual exclusion for 2014, 2015, 2016 and 2017 is $14,000. For 2018, 2019, 2020 and 2021, the annual exclusion is $15,000. What is the maximum family ...

Published: May 20, 2026

news

What is total standard deduction?

The standard tax deduction is a flat amount that the tax system lets you deduct, no questions asked. Tax deductions allow individuals and companies to sub...

Published: May 20, 2026

general

How many days do you have to work in NY to pay taxes?

you spend 184 days or more in New York State during the taxable year. Any part of a day is a day for this purpose, and you do not need to be present at th...

Published: May 20, 2026

general

What are some tax deductible items?

Here are some tax deductions that you shouldn’t overlook. Sales taxes. You have the option of deducting sales taxes or state income taxes off your federal...

Published: May 20, 2026