technology trends
What is a trust recipient called?
A beneficiary of trust is the individual or group of individuals for whom a trust is created. The trust creator or grantor designates beneficiaries and a ...
Jan 04, 2026 0 Views
Topics: Technology Trends
technology trends
Can you write off cost of goods sold?
The cost of goods sold is deducted from your gross receipts to figure your gross profit for the year. If you include an expense in the cost of goods sold,...
Jan 04, 2026 0 Views
technology trends
Are there penalties for owing the IRS?
The IRS charges a penalty for various reasons, including if you don’t: File your tax return on time. Pay any tax you owe on time and in the right way. How...
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technology trends
What is holding minority ratio?
Shareholders holding less than 50% of the total outstanding number of shares are known as minority shareholders. It is also known as Non-controlling inter...
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technology trends
Can an LLC operate as an S corp?
By default, LLCs with more than one member are treated as partnerships and taxed under Subchapter K of the Internal Revenue Code. And, once it has elected...
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technology trends
Can a 401k be seized for child support?
Money saved in a qualified retirement account, such as a 401(k) plan, is typically protected from private creditors as long as the money remains within th...
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technology trends
Does sales tax go to state or federal?
Sales taxes in the United States are taxes placed on the sale or lease of goods and services in the United States. Sales tax is governed at the state leve...
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technology trends
How do I import previous years TurboTax?
Sign in to TurboTax Online and start a new return, or open or continue a return you already started. After the screen has loaded, select the Tax Tools dro...
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technology trends
Can I reprint confirmed EIN letter?
If you have lost your EIN Verification Letter from the Department of Treasury, you can request a new one. To do so, call the IRS Business & Specialty ...
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technology trends
Do Interior designers use their own money?
Being self-employed is an option for interior decorators, who start their own businesses offering decorating and design services. Often, interior decorato...
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