opinion
Is rental real estate 1231 property?
Commercial real estate, residential investment properties, buildings and land used for business are all section 1231 properties. How are net section 1231 ...
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Opinion
opinion
What is the deadline for Georgia?
Regular Decision has a deadline of January 1. Decisions are typically released in mid-March and students have until May 1 to submit a commitment deposit. ...
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opinion
What is a good reason to have a 401k?
One of the most powerful advantages of participating in a 401(k) is the money you save in taxes. Your 401(k) contributions are taken out of your paycheck ...
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opinion
Is 20000 miles a year a lot to drive?
20,000 miles a year can be considered a lot given the average miles driven by both, American men and women. Additionally, 20,000 miles a year on a car can...
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opinion
Does my S corp need its own bank account?
You may need two bank accounts, one for regular business transactions and another one for depositing the withheld taxes. One of the major advantages of in...
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opinion
How much do trucking companies spend on fuel?
Big rigs drive an average of 91,506 miles per year, while straight trucks log 25,720 miles….Average Motor Carrier Cost Per Mile 2018 (ATRI) 2018 Cost % of...
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opinion
Are bonuses tax deductible for S corporations?
The owners or shareholders of an S corporation can receive money, including loans, bonuses and proportionate distributions of the revenues earned by the b...
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opinion
How do I cancel my payday loan cycle?
How to get out of payday loan debt Try a payday loan consolidation / debt settlement program. Prioritize high-interest loans first. Ask for extended payme...
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opinion
What does a true lease mean?
Generally speaking, a “true lease” is commonly understood to be an arrangement in which the risks and rewards of ownership are retained by the lessor of t...
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opinion
How does Delaware generate revenue?
Delaware generates the bulk of its tax revenue by levying a personal income tax and select sales taxes (otherwise known as excise taxes). The primary type...
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