local updates
What income is double taxed?
key takeaways. Double taxation refers to income tax being paid twice on the same source of income. Double taxation occurs when income is taxed at both the...
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local updates
How do you write a letter asking for a partnership?
The following points must be included in a partnership proposal letter: Mention how you are going to address the challenges you have. Describe the potenti...
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technology insights
Do you have to file your taxes jointly or separately during a divorce?
If you’re in the middle of your divorce, but still eligible to file your taxes jointly for a given year, you and your spouse must both agree to file taxes...
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business
Can an LLC become a corporation in Texas?
In Texas, you can use a relatively new, streamlined procedure that allows you to convert from an LLC to a corporation largely by filing a few forms with t...
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education
Are Roth IRA distributions considered income?
The easy answer is that earnings from a Roth IRA do not count towards income. If you keep the earnings within the account, they definitely are not taxable...
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health
Are we still getting 300 Unemployment in California?
Any unemployment benefits through the end of the program will still be eligible for the extra $300, even if you are paid later. For weeks of unemployment ...
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culture
What to say before transferring a call?
There are a few essential elements of call transfer you should never skip: Inform the customer. Give the caller the transfer information. Let the customer...
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science
What was the executor fee for my brother?
We also discovered from the letter that my brother took an executor fee of $20,000. The entire estate, once settled, will be about $600,000. My question i...
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arts
Can A S corporation pay a reasonable shareholder salary?
If your S corporation does the same thing to its only shareholder without an accompanying reasonable shareholder wage, then it is considered self-employme...
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environment
How do you send one worksheet as an attachment?
Here are the steps to do this: Click on Send to Mail Recipient from the Quick Access Toolbar. In the Email dialogue box, select the option ‘Send the entir...
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