news

How do I get a California state tax ID number?

How to Get an EIN for a California Business. You can apply for and receive an EIN from the Internal Revenue Service by submitting a Form SS-4. This can be...

Published: May 31, 2026

updates

What is a good amount for relocation package?

Relocating an employee can be a costly endeavor for companies. The average relocation package costs between $21,327 and $24,913 for renters and between $6...

Published: May 31, 2026

updates

What is the most secure way to send someone money?

Wire transfers are the most secure way to send money because funds are transferred directly from one bank to another. There is no third-party service that...

Published: May 31, 2026

news

Can a doctor disclose patient information to family?

Yes. The HIPAA Privacy Rule at 45 CFR 164.510(b) specifically permits covered entities to share information that is directly relevant to the involvement o...

Published: May 31, 2026

general

Can I roll my TSP into an IRA?

If you decide to roll over your TSP assets to an IRA, you can choose either a traditional IRA or Roth IRA. No taxes are due if you roll over assets from a...

Published: May 31, 2026

general

Are financial statements prepared once a year?

Some businesses get daily or monthly financial statements, some prepare financial statements quarterly, and some only get a balance sheet once a year. Bal...

Published: May 31, 2026

updates

What is a chart of accounts in construction?

A chart of accounts provides the structure to organize a construction company’s financial transactions. It’s a key component of a company’s financial reco...

Published: May 31, 2026

news

What happened to Bank of America lawsuit?

Bank of America settles lawsuit on fees Bank of America agreed to pay $75 million to settle a lawsuit accusing the second-largest U.S. bank of extracting ...

Published: May 31, 2026

updates

Does a trust have a K-1?

In cases where there are multiple beneficiaries of a Trust, each one will have an individual Schedule K-1 filed annually to ensure proper taxes were paid....

Published: May 31, 2026

updates

Is a furnace replacement tax deductible?

You can claim a tax credit for 10% of the cost of qualified energy efficiency improvements and 100% of residential energy property costs. The maximum cred...

Published: May 31, 2026