education and learning
What happens if my mother files a quitclaim deed?
In a quitclaim deed, your mother conveys to you and your sister her interest in the property. After the quitclaim deed is filed, your mother would no long...
Category: Education And Learning
education and learning
Is Colt firearms in financial trouble?
Colt has struggled as the firearms industry has grown and its design patents expired. It filed for bankruptcy in 2015, emerging the following year. And it...
education and learning
Can I open an IRA for my 3 year old?
Anyone can have an IRA as long as they have income. My children are paid small (emphasis on small) monthly paychecks out of our family’s LLC. They will re...
education and learning
What is the penalty for filing a frivolous tax return?
$5,000 The frivolous return penalty is $5,000, per occurrence. The penalty will not apply if you file a valid return or withdraw the amended return within...
education and learning
Is West Virginia still paying Pua?
PUA benefits may not be more than the state’s maximum weekly benefit rate for regular unemployment compensation, which is $424 in West Virginia. In West V...
education and learning
How do I cancel my weekly subscription?
What should I do? Please contact us if you would like to cancel your subscription. If you are paying by Direct Debit, you will also need to cancel your Di...
education and learning
How long does the PPP loan forgiveness process take?
In any event, lender consent will likely be required and will take some time. Per the notice, SBA approval can take up to 60 calendar days, and the SBA wi...
education and learning
What does it mean when a payment is stopped?
A stop payment is a formal request made to a financial institution to cancel a check or payment that has not yet been processed. A stop payment order is i...
education and learning
What should consultants not do?
10 things you should never do on a consulting job 1: Ridicule another consultant’s work. Nothing can make you look more unprofessional than mocking someon...
education and learning
How is a PSC taxed?
Personal service corporations (PSCs) paid a flat 35% rate. For tax years beginning in 2018, the TCJA establishes a flat 21% corporate rate, and that rate ...
education and learning
Can I use 1040X for fafsa?
Well, now financial aid administrators can accept a signed copy of the IRS Form 1040x. What is 1040X amended tax return fafsa? A SIGNED copy of a complete...
education and learning
How can I legally reduce my taxes?
Personal Claim deductible expenses. Donate to charity. Create a mortgage offset account. Delay receiving income. Hold investments in a discretionary famil...
education and learning
How long does it take the IRS to process my income tax return when done paper mail in?
about six to eight weeks If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS ...