education
Can a business owner write off lunch?
If you’re a sole proprietor, you can deduct ordinary and necessary business meals and entertainment expenses. However, these expenses must be directly rel...
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Education
education
What does Florida profit corporation mean?
A Florida profit corporation is a corporation that is established for the purpose of making a profit. Most corporations, unless they are formed as a nonpr...
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education
Is it easy to sell an LLC?
Selling a single-owner LLC is simple; the owner can sell it for whatever price they want. However, a multiple member LLC may involve following the rules l...
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education
How much should architectural fees be?
Most architects explain their cost as a percentage of the total build cost – and that can be anywhere from 5% for just the plans to 15% for a full service...
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education
What happens if creditors refuse DMP?
The creditor has refused to deal with the DMP provider If the creditor doesn’t want to deal with the DMP provider, they can still take action to recover t...
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education
What is false about accrual accounting?
One of the following statements about the accrual basis of accounting is false? That statement is: Revenue is recorded only when cash is received, and exp...
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education
Do designers pay sales tax?
Design fees to your client are taxable even if you pay tax on furnishings to your vendors. Goods are taxable only when the sale is considered “complete”. ...
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education
Can you take Section 179 on a trade in?
In 2018, taxpayers can now take 100% bonus depreciation on all qualifying property, whether new or used. The TCJA also increased the Section 179 limits, w...
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education
What is the best investment to protect your money?
Overview: Best low-risk investments in 2021 High-yield savings accounts. While not technically an investment, savings accounts offer a modest return on yo...
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education
Can a sibling inherit a house and still live in it?
One sibling will inherit homes as part of the parent’s estate and the sister living in the home gets disinherited. As a real estate professional that spec...
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