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What to do with the sale of a rental property?
There are 3 main options: One popular option for real estate investors is to reinvest the profits generated by the sale of one rental property to fund ano...
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Will my Social Security be reduced if I have a pension?
Does a pension reduce my Social Security benefits? In the vast majority of cases, no. If the pension is from an employer that withheld Social Security tax...
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Is S corp better than C corp?
S Corporation Advantages Single layer of taxation: The main advantage of the S corp over the C corp is that an S corp does not pay a corporate-level incom...
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Do financial advisors only make commission?
There are three ways financial advisors get paid: Fee-only advisors charge an annual, hourly or flat fee. Commission-based advisors are paid through the i...
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When do you pay taxes on Series EE Savings Bonds?
If you elect cash-based reporting on your income tax filings with the IRS, you can defer payment of taxes on the interest income of your Series EE savings...
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What is bookkeeping and journal entries?
Bookkeeping journals are where a business records its daily financial transactions in date order showing which accounts to debit or credit with journal en...
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What transactions are subject to withholding?
Payments subject to backup withholding Interest payments (Form 1099-INT) Dividends (Form 1099-DIV) Payment Card and Third Party Network Transactions (Form...
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How do I talk to a person at Cablevision?
Please call 855-267-8468 to speak to an Optimum representative. How do I reboot my Optimum cable box? Reset Your Digital Cable Box Unplug your cable box f...
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What is bond amortization and accretion?
What are amortization and accretion? Amortization or accretion calculations are used to adjust the cost basis from the purchase amount to the expected red...
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Why is it important to set expectations for employees?
The benefits of setting expectations with employees are that doing so: Provides clarity for both the employee and manager and gets everyone on the same pa...
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