education
Can a C corp owner be paid as an employee?
C corp owners can also be paid as an employee of the company and are required to be treated as an employee if they’re involved in the daily operations of ...
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Education
education
Is repossessing stealing?
If they have it repossessed, the banks now has custody of their property via the repo agency. At that point, it is the legal property of the repo agency a...
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education
Can you have a private and company pension at the same time?
There’s no limit to the amount you can save up in your pension schemes. This means you can join a workplace pension scheme even if you’ve already got mone...
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education
Can you get a loan at 75 years old?
Yes. There are a range of lenders who are willing to provide both secured and unsecured loans to pensioners over the ages of 60, 65, 70 and 75-80. As an o...
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education
How to calculate the cost of goods sold?
Calculating Cost of Goods Sold (COGS) The formula for calculatingCOGS is relatively simple: (Beginning Inventory + Cost of Goods) – Ending Inventory = Cos...
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education
Is an inherited IRA the same as a beneficiary IRA?
An inherited IRA, also known as a beneficiary IRA, is an account that is opened when an individual inherits an IRA or employer-sponsored retirement plan a...
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education
Which spouse should claim moving expenses?
Yes, you can split legitimate moving expenses with your spouse if that will maximize your deduction or have the spouse with the higher marginal tax rate c...
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education
Why did my father make my sister owner of his bank account?
After nearly four months in probate I learned that Dad had accidentally made my sister an owner of his bank account, not just a signatory. The law firm we...
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education
How much money can you make owning your own trucking company?
An owner operator may take home around $2000-$5000+ weekly, while an investor can make a profit of $500-$2000+ per truck weekly. However, there are many f...
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education
What does a bank statement show you?
A bank statement is a list of all transactions for a bank account over a set period, usually monthly. The statement includes deposits, charges, withdrawal...
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