education
Can a duffle bag be a personal item?
Yes! You’ll be relieved to know that the sky’s the limit (pun intended) when you travel with a duffel bag. The right sized duffel can easily function as e...
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Education
education
How is income tax treated in a journal entry?
In this case, income tax is treated as a personal expense resulting in drawings from the business concluding to a reduction of capital. Journal entry for ...
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education
What type of Corp is an LLC?
A limited liability company (LLC) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxat...
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education
What jobs pay around 70k a year?
They require various levels of experience and education so take a peek and see if there’s something for you: Radiation therapist. Nuclear power reactor op...
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education
Why do you want to invest in rental property?
There are three main reasons people invest in rental property: owning property as an investment, generating a source of income, and speculating for a quic...
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education
How does tax-free gifting work?
In 2020 and 2021, you can give up to $15,000 to someone in a year and generally not have to deal with the IRS about it. If you give more than $15,000 in c...
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education
What are the FCRA rules?
The Fair Credit Reporting Act (FCRA) is a federal law that helps to ensure the accuracy, fairness and privacy of the information in consumer credit bureau...
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education
Are repairs included in the cost of an asset?
Repairs and maintenance expense is the cost incurred to ensure that an asset continues to operate. For example, replacing the oil filter in a truck is con...
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education
What business is most successful to start?
Most profitable small businesses Personal wellness. Courses in other hobbies. Bookkeeping and accounting. Consulting. Graphic design. Social media managem...
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education
How do I subordinate a IRS tax lien?
How Can a Taxpayer Request a Federal Tax Lien Subordination? Apply for a certificate of subordination of federal tax lien by following the instructions in...
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