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In California: If you receive alimony payments, you must report it as income on your California return. If you pay alimony to a former spouse/RDP, you’re ...
Sure, a quitclaim deed can help you transfer ownership of a property quickly and easily, but it’s not something that you should do without fully understan...
Yes, some lenders offer guarantor mortgages if you already own a home, for example if you are moving to a more expensive property. However, they are usual...
S corporations Form 1120-S is filed by S corporations. This business structure allows a corporation to pass corporate income, losses, deductions, and cred...
A settlement is an agreement to resolve a legal claim for damages. In the typical car accident settlement, the injured victim agrees not to sue for damage...
An EIN is required for a multi-member LLC, or if you anticipate having employees. The EIN will be the identifying number for your business, much like the ...
You must take your first required minimum distribution for the year in which you turn age 72 (70 ½ if you reach 70 ½ before January 1, 2020). If you reach...
Medicare cost plans are a type of Medicare health plan. Private insurance companies contract with Medicare to deliver your Original Medicare (Part A and P...
The IRS prefers that you file all back tax returns for years you have not yet filed. Unfortunately, there is a limit on how far back you can file a tax re...
Start-up costs can be capitalized and amortized if they meet both of the following tests: You could deduct the costs if you paid or incurred them to opera...
