Which is college education expenses are tax deductible?
Reminder: Keep your documentation! Schools will provide (via mail or electronic portal) the student with a Form 1098-T , which will reflect tuition an......
How does an inheritance affect my aged pension?
The inheritance itself will not affect your pension, but what you do with that money will have an impact. If you place it in the bank, it will be trea......
Can one member of an LLC do a 1031 exchange?
Is a Single Member LLC able to do a 1031 Exchange with LLC? Yes. If you are the only partner in a single-member LLC, you’ll have no issues if you’re t......
What is an IT support company?
What is an IT support company? Also known as an IT managed services provider, an IT support company is comprised of professional IT specialists who ma......
How do I report interest on a family loan?
The federal income tax results are straightforward if your loan charges an interest rate that equals or exceeds the AFR. You must report the interest ......
