education insights
What are the risks associated with lending?
Lender Risk for Factors Counterparty Credit Risk. Counterparty risk is defined as the possibility that a debtor you do business with will be unable to mee...
Jan 18, 2026 0 Views
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education insights
What is a 9% LIHTC?
There are two types of LIHTCs available to developers. The so-called 9% credit is generally. reserved for new construction and is intended to deliver up t...
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education insights
Does state withholding affect federal withholding?
You can have both state and federal income taxes withheld, but you cannot have state taxes withheld and federal taxes withheld twice at both levels. State...
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education insights
Does Pennsylvania recognize grantor trusts?
Grantor Trusts and Revocable Trusts Pennsylvania law differs from federal law regarding grantor trusts. Pennsylvania law imposes the income tax on grantor...
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education insights
Do I have to pay depreciation recapture on a loss?
The additional $2,000 is treated as a capital gain, and it is taxed at the favorable capital gains rate. There is no depreciation to recapture if a loss w...
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education insights
Can you marry two people in Pennsylvania?
As in all states, a marriage is limited to two persons. These two people must demonstrate the basic marriage requirements of consent, legal age, and capac...
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education insights
Can I claim a dependent but not EIC?
Yes. If your ex-spouse claimed the EIC but did not claim the child as a dependent, you can claim the dependency exemption and the child tax credit. The no...
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education insights
Is qualified business income the same as gross income?
The qualified business deduction is applied to the business’ taxable income. That means it’s calculated after the standard deduction or any itemized deduc...
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education insights
Are step-children still related after divorce?
Conclusion. In most scenarios, a step-parent will not automatically be entitled to see their step-children if they become divorced from the biological par...
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education insights
How many employees do you need to qualify for group health insurance?
Number of employees matters To be eligible for small business health insurance, a company must have between one and 50 employees. That is considered a sma...
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