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Can you negotiate house price after offer accepted?
Once a buyer’s offer on a property is accepted by its seller, in estate agent speak, the property becomes “sold subject to contract”, which means that the...
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Local Updates
local updates
Do I need an EIN for a self-employed 401K?
You don’t need to be incorporated to establish a solo 401(k), but if you’re not, you need a Federal Employer Identification Number (EIN), which you can ge...
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Can you amortize purchased goodwill?
Goodwill can be amortized over 10 years or less, in which case the impairment test is simplified in addition to being trigger-based. In 2016 the FASB laun...
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Is a will valid after divorce?
Unlike divorce, marriage separation does not have an effect on your Will. In some jurisdictions, divorce will automatically render your Will invalid. In o...
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How is a holding company managed?
Each subsidiary has its own management who run the day-to-day business. The holding company’s management is responsible for overseeing how the subsidiarie...
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Which bank is best for joint account in Canada?
Updated May 2021 EQ Bank Joint Savings Plus Account. Canadian Tire High Interest Savings Account. Motive Financial. Alterna Bank. Oaken Financial. Wealths...
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Can a IRS reject an e-filed tax return?
In some cases, it’s immediately obvious that your e-filed return doesn’t have all of the information it needs, and the IRS can reject the e-filing right a...
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How do you find out if someone used your child on their taxes?
IRS Privacy Rules As a result, there’s no legal or official way to find out who claimed your child on his or her tax return. In most cases, you’ll never k...
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How does a trustee resign from a trust?
In that case, the trustee may resign either by obtaining consent from the appropriate parties or by filing a petition to resign with the probate court. Ca...
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What happens to a pension fund when a company closes?
There are safeguards in the United States to prevent you from losing your pension plan. In the United States, every defined-benefit retirement plan is ins...
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