updates

What are examples of high involvement product?

When a consumer is buying products having complex features then they spends time in getting themselves familiarized with the product, which shows high inv...

Published: Apr 21, 2026

news

Does a 1099 show capital gains?

Capital gain distributions from mutual funds are reported to you on Form 1099-DIV, Dividends and Distributions. Capital gain distributions are taxed as lo...

Published: Apr 21, 2026

updates

Is withholding tax paid deductible?

Withholding Tax on the Interest Payments Borne by Companies on-behalf of non-residents. If the loan is taken up for revenue purposes (for example, to fina...

Published: Apr 21, 2026

general

Should spouses have joint accounts?

Married couples with joint accounts may find it easier to keep track of their finances because all expenses come out of one account. This makes it harder ...

Published: Apr 21, 2026

updates

Can you withdraw principal from 529 without penalty?

A 2017 law allows parents to withdraw up to $10,000 per year tax-free from a 529 plan for primary and secondary education tuition at private schools witho...

Published: Apr 21, 2026

updates

Do I issue a 1099 to my CPA?

If Your Accounting Firm is Organized as a Partnership, the IRS Requires 1099s for Fees Paid. The IRS requires businesses, self-employed individuals, and n...

Published: Apr 21, 2026

updates

Is it worth contributing to a traditional IRA?

Contributing even if you can deduct means a faster buildup of retirement savings. Even if you’re covered by an employer retirement plan, making contributi...

Published: Apr 21, 2026

news

How long is adverse possession in Ohio?

21 years The adverse possession must be Continuous for 21 years. That does not mean that there must be only one adverse possessor over the 21 year period....

Published: Apr 21, 2026

general

Is a 197 Intangibles a 1245 property?

Similarly, the acquired goodwill, a Section 197 intangible, is treated as a Section 1245 property even though it is not “tangible,” by virtue of its inclu...

Published: Apr 21, 2026

general

How do you respond to FYI emails?

Even with a simple FYI-type email, a nice “Thanks for the update — appreciated!” will be a welcome reply, especially for FYIs about time-sensitive and dat...

Published: Apr 21, 2026