With a guarantor mortgage, you may be able to get a mortgage even if you have no deposit or a bad credit score. A mortgage guarantor is someone – usually ...
When the business dissolves, officers are responsible for the liquidation of company assets. Proceeds from the sale are then payable for outstanding debts...
Filing status. The IRS considers you married for the entire tax year when you have no separation maintenance decree by the final day of the year. If you a...
An employee separation agreement can also include additional clauses that protect the business, including: A description of company-owned items the employ...
Sole proprietorship is the default business entity for freelancers. This means that if you start working as a freelancer without forming an LLC or corpora...
You can also include a loss from the sale of an inherited house on your tax return. However, if you used the home as your residence, then you cannot claim...
The recently-enacted Tax Cuts and Jobs Act of 2017 included a provision to allow HVAC products to be immediately expensed. Under Section 179, all componen...
Here’s how it works: If the birthday is on the 1st through the 10th, you are paid on the second Wednesday of each month. If the birthday is on the 11th th...
If your business claims a net loss for too many years, or fails to meet other requirements, the IRS may classify it as a hobby, which would prevent you fr...
If you’re interested in applying for a PPP loan, you can do it through Chase if you have an active Chase business checking account. If you don’t already h...