business
Can rental income defer?
Section 1031 of the Internal Revenue Code (“1031 exchange”) provides that real property held for rental property tax deductions, investment or use in a bu...
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health
Can a business owner contribute to a 401K after age 70?
Clients who are still working after age 70 ½ may generally continue contributing to employer-sponsored 401(k) accounts and SEP IRAs. In fact, employers mu...
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business
When do you not have to file income tax return?
If your gross income was less than $12,000, you aren’t required to file, subject to a couple of exceptions noted below. You’re 65 for the 2018 tax year if...
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education
What questions should I ask MLM?
Seven Common Questions About Multi-Level Marketing What is Multi-Level Marketing (MLM)? How Does One Typically Get Paid? Is It a Pyramid Scheme? Are Multi...
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business
Do I need a new EIN if I change the name of my company?
Generally, businesses need a new EIN when their ownership or structure has changed. Although changing the name of your business does not require you to ob...
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science
How do you change board of directors for a non profit?
Contact the IRS Your annual tax filing will include your updated board of directors and any address change. Visit the IRS website or call an agent to disc...
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health
How do I see my contributions on Google Maps?
See your points breakdown On your computer, open Google Maps. Click Menu. Your contributions. Click on your name. Your points will appear in your profile....
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culture
Can an S corp own a limited partnership?
S Corporation Ownership: LLCs and Limited Partnerships The legal restrictions of S corp ownership do not address whether an LLC or limited partnership (LP...
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arts
Why did I get a letter from Rita?
Thousands of Ohioans have received letters from the Regional Income Tax Agency, many mistakenly being told they owe money or haven’t filed returns. That m...
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arts
What is a business entity owned by one person?
Sole Proprietorship A type of business entity that is owned and run by one individual – there is no legal distinction between the owner and the business. ...
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