TruthFocus News
science

Can you transfer stock for RMD?

It’s perfectly okay to have stock or mutual fund shares transferred from your IRA to a taxable account to satisfy your RMD. You could, of course, sell the...

Jan 20, 2026 1 Views
politics

Is it better to owe the IRS?

One thing all filers should keep in mind this year is that owing the IRS money is really only a bad thing if you can’t pay your tax bill. If you don’t hav...

Jan 20, 2026 1 Views
economy

Can an LLC own a business?

As for the legality of ownership, an LLC is allowed to be an owner of another LLC. LLC owners are known as “members.” LLC laws don’t place many restrictio...

Jan 20, 2026 1 Views
economy

Can I use 1031?

Normally the IRS does not allow you to conduct a 1031 exchange with your primary residence. That’s because the home that you live in isn’t being used as a...

Jan 20, 2026 1 Views
education insights

Is gambled money taxed?

Gambling income is almost always taxable income. This includes cash and the fair market value of any item you win. By law, gambling winners must report al...

Jan 20, 2026 1 Views
health

Why is pension accounting important?

In addition, earnings are a short-term leading indicator, providing early insights into the economy’s position in a business cycle. Thus, pension accounti...

Jan 20, 2026 1 Views
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