opinion
Does Schedule L have to be tax basis?
If the partnership’s balance sheet (Schedule L) is reported on the tax basis and if the aggregate of the partners’ beginning and ending capital accounts d...
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Opinion
opinion
Does a tax extension delay payment?
An extension gives you extra time to file, but not extra time to pay. After you file an extension, if you owe taxes when you file your return, you might a...
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opinion
Does NC have a W 4?
Keep the top portion for your records. an NC-4 to your employer, your employer is required to withhold based on the filing status, “Single” with zero allo...
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opinion
How does Medicaid pay for nursing home care?
In almost all situations, Medicaid will pay for the complete cost of nursing home care including all care and room and board. Furthermore, Medicaid will p...
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opinion
Does sales tax apply to soda?
Sales of noncarbonated drinks are generally not taxable, but their containers may be subject to the CRV. On the other hand, sales of carbonated and alcoho...
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opinion
What are some questions to get you thinking?
Questions That Make You Think About Your Life How long is your “now”? Do your dreams have a deeper meaning? What was the moment where you felt most motiva...
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opinion
What kind of account is an annuity?
An annuity is an investment baked into an insurance policy. You pay a premium, either all at once or over time. The insurer invests that cash, and in retu...
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opinion
Is it hard to sell 1000 copies of your book?
Selling your first 1,000 copies is very attainable, however, most books don’t sell more than 250 copies. If you do things right, selling your first 1,000 ...
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opinion
Can bookkeepers use QuickBooks Accountant?
Many bookkeepers use accounting software such as QuickBooks Online to help them with their tasks. Your bookkeeper can also handle things such as: Generati...
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opinion
Do you need a license to be an interior designer in Maryland?
There are currently 29 states that require interior designers to be licensed, and Maryland is one of them. That said, both licensed and unlicensed interio...
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