environment
What is the difference between NSV and GSV?
The GSV represents the Gross Observed Volume corrected to a standard temperature. In the United States this is 60 degrees F. The NSV is the GSV (above) mi...
Read Journal Category
Environment
environment
How long do babies think they are part of their mother?
At around 6 or 7 months, your baby begins to realize that he’s separate from you and that you can leave him alone. This is when separation anxiety usually...
Read Journal
environment
Can I claim 1098-T if my parents paid my tuition?
Even if the 1098-T is in the student’s name, as long as you are eligible to claim the student as a dependent, you are also eligible to claim the education...
Read Journal
environment
Is a member of an LLC an owner?
The members are the owners of an LLC, like shareholders are the owners of a corporation. Members do not own the LLC’s property. They may or may not manage...
Read Journal
environment
Are business expenses included in gross income?
While gross income is the amount your business earns from sales before subtracting expenses, net income is the amount your business earns after subtractin...
Read Journal
environment
Is Section 179 recapture ordinary income?
You may have to recapture the section 179 deduction if, in any year during the property’s recovery period, the percentage of business use drops to 50% or ...
Read Journal
environment
What is the penalty for taking money out of an IRA before age 59?
Making withdrawals before you reach age 59 1/2 means you will incur a 10% early distribution penalty on top of any income taxes that are due, though there...
Read Journal
environment
Are there any tax deductions for closing costs?
1 Points paid on a home improvement cash-out refinance. If you took out a new home loan for home improvements, the refinance points may be deductible. 2 M...
Read Journal
environment
Does census work count as income?
This is especially important because the income from census work is temporary, so these jobs, while helpful, do not impact families’ long-term financial s...
Read Journal
environment
What is a good ROI for small business?
Because small business owners usually have to take more risks, most business experts advise buyers of typical small companies to look for an ROI between 1...
Read Journal