When partners pay expenses related to the business
It’s not unusual for a partner to incur expenses related to the partnership’s business. This is especially likely to occur in service partnerships such as ...
Continue Reading Employers: Beware of payroll tax errors
Many employers rightly proclaim that their employees are their most valuable assets. If this holds true for your organization, it stands to reason that paying ...
Continue Reading The pros and cons of turning your home into a rental
If you’re buying a new home, you may have thought about keeping your current home and renting it out. In March, average rents for one- ...
Continue Reading The kiddie tax could affect your children until they’re young adults
The so-called “kiddie tax” can cause some of a child’s unearned income to be taxed at the parent’s higher marginal federal income tax rates instead ...
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