general
What are considered property improvements?
Examples of capital improvements include things like replacing a roof, repairing the whole house, replacing walls, adding rooms, replacing fences, repaint...
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general
How does drought affect the cattle industry?
Drought can increase the price of feed and deplete water stores for animals and other farm uses. Dry conditions can reduce the ability of dairy farmers to...
updates
How do I set up payroll in Oklahoma?
New Oklahoma Employer: Register with the Oklahoma Employment Security Commission (405) 557-7100 Register your business with the OESC. Click “Create an Emp...
news
Do Roth conversions have to be done by year end?
Roth IRA – Conversion From an IRA Distribution Must be by End of Tax Year. The original conversion from a Traditional IRA to a Roth IRA must be completed ...
news
Can US citizens work in the Netherlands?
U.S. citizens who want to work in the Netherlands or simply live here are required to apply for a residence permit. Their employer will also need to apply...
updates
How do I start my own operations company?
Getting started with business operations Make a commitment. Decide on your model and teams. Find your business operations champion. Perform an operations ...
general
What are three types of retirement income?
Two types of retirement income include regular and potential. Potential income includes IRAs, 401(k)s, and reverse mortgages. Regular retirement income in...
news
What does return status rejected mean on Turbotax?
An e-file rejection means that something on your return doesn’t match the IRS database, such as a date of birth or social security number. In most cases, ...
general
Is superannuation included in divorce settlement?
What will happen to my super during a divorce or separation? Essentially, super is considered as property in the event of a relationship breakdown, so lik...
news
Can you donate to a 501c?
Federal Tax Deductions for Charitable Donations You may be able to claim a deduction on your federal taxes if you donated to a 501(c)3 organization. With ...
updates
Do I have to pay taxes on a gift over 15000?
Generally, the answer to “do I have to pay taxes on a gift?” is this: the person receiving a gift typically does not have to pay gift tax. The giver, howe...
general
When did PACs start?
The Smith-Connally Act extended its coverage to labor unions in 1943. A series of campaign reform laws enacted during the 1970s facilitated the growth of ...
updates
Are loan origination fees deductible as points?
The IRS classifies mortgage origination fees as points. You can deduct your loan origination fees, even if the seller pays them. These are the fees that l...
