media
Is a single-member pllc a sole proprietorship?
A PLLC with one member pays taxes as a sole proprietorship, while a PLLC with multiple members pays taxes as a partnership. LLCs pay income taxes by passi...
Jan 15, 2026 2 Views
Topics: Media
media
Do you get a 1099 for a HELOC?
When a HELOC is discharged on the lender’s books, the lender is required by the IRS to issue a 1099-C for the forgiven portion of the loan to the borrower...
Jan 15, 2026 2 Views
media
Why ask for a seller concession on a home purchase?
Both buyers and sellers pay closing costs in a real estate closing. This can equate to the buyer having to pay several thousand dollars more at closing on...
Jan 15, 2026 2 Views
media
Can a small business provide health insurance?
The Affordable Care Act stipulates that small businesses with fewer than 50 employees are not required to offer health insurance benefits to their employe...
Jan 15, 2026 2 Views
media
Does your debt die with you in NJ?
New Jersey is one of the common law states that considers medical debt a joint spousal liability, regardless of which spouse incurred the debt, Green said...
Jan 15, 2026 2 Views
media
Do Cayman Island banks report to IRS?
An Intergovernmental Agreement allows foreign banks to report to their own government on Americans. The foreign government can then report to the IRS. It ...
Jan 15, 2026 2 Views
media
Can my husband and I both file head of household?
As a general rule, if you are legally married, you must file as either married filing jointly with your spouse or married filing separately. However, in s...
Jan 15, 2026 2 Views
media
Are bonuses paid through payroll?
An employer may decide upon adding bonus payments to paychecks and, therefore, use a one check payroll. The IRS calls this the aggregate method, and does ...
Jan 15, 2026 2 Views
media
Is my marriage valid in California?
The license allows you to have the ceremony anywhere within the State of California and witnesses are not required during the ceremony. The marriage recor...
Jan 15, 2026 2 Views
media
Can you do a 1031 exchange with a trust?
Properties in a trust can be used as investments and qualify as a 1031 exchange. The rules are generally the same as a basic 1031 exchange. The replacemen...
Jan 15, 2026 2 Views