news
How are business losses calculated on a tax return?
Your total income and losses from all business and personal sources are collected on your personal tax return. You must calculate your net operating loss ...
Sep 05, 2026 • 1 READS
news
How are rabbi trust distributions taxed?
A rabbi trust is considered a grantor trust for income tax purposes, resulting in trust income taxed to the employer. Contributions to the trust are not t...
Sep 05, 2026 • 0 READS
general
How much does it cost to run payroll for one employee?
If this sounds like you, you can expect to see individual employee charges that run from $1.50 to $3 per employee and base fees per pay period between $20...
Sep 05, 2026 • 0 READS
updates
Can employees use their own vehicle for work?
As a general rule, employees are hired at will. This means an employer can impose requirements such as making you use your own vehicle at work. Employers ...
Sep 05, 2026 • 1 READS
news
What can someone do with stolen mail?
Thieves submit a fraudulent Change of Address request to your mail carrier and re-route your mailing. Someone takes your credit card invoice. Once such ma...
Sep 05, 2026 • 0 READS
news
Are legal fees tax deductible in a settlement?
The costs associated with hiring attorneys, defending a case, and paying for damages or a settlement can be exorbitant, and damage a company’s profitabili...
Sep 05, 2026 • 1 READS
general
How many tenants in common can you have?
How is this strange arrangement set up? The following applies to joint tenancy and to tenancy in common. Up to four people can be named as legal owners. I...
Sep 05, 2026 • 1 READS
news
How do I ask my boss to relocate?
Start off by thanking her for the opportunity to work with the company, and then state your desire to continue the relationship long-term. Next, state dir...
Sep 05, 2026 • 1 READS
updates
What is Louisiana nonrefundable priority credits?
Use Nonrefundable Priority 1 Credits, Schedule C, Line 1 to report taxes paid to another state. Louisiana residents who are members of the armed services ...
Sep 05, 2026 • 1 READS
general
Is goat farming taxable?
Animal husbandry or rearing animals for selling them is not considered as agricultural income and hence the income derived from animal husbandry is not ta...
Sep 05, 2026 • 1 READS
