Generally, transfers of property to a spouse, or former spouse in a divorce settlement, do not result in gains or losses for income tax purposes. The basis of property to the receiving spouse is gene ...
This article goes over the basics of employee benefit plans. It outlines what benefits are legally mandated, what benefits are desired by employees, and what benefits businesses can offer that have l ...
There is a series of tax credits available to small businesses, that can directly reduce federal income taxes. These credits, grouped together under the General Business Credit, provide incentives to ...
Contributions to a traditional IRA may be tax-deductible up to a certain amount. Generally, you cannot receive distributions until you are 59 ½, but there are exceptions, such as for first-time home ...
It seems that every sales seminar for insurance agents focuses on cold-calling. New and seasoned insurance agents alike are taught that cold-calling is the way to get appointments. In this day of ca ...
Cancer has been the great killer of our time. While the advance of medical science has made many cancers treatable, the diagnosis of cancer can still often mean a death sentence. But thanks to a new s ...
A surviving spouse who inherits an IRA may be able to treat the IRA as his or her own by changing the name on the account or by rolling over the IRA assets, or may choose to be treated as a beneficiar ...
This article goes over the basics of contracts. It provides tips on how to successfully negotiate a contract, and how to draft a contract. After reading this article you will know what steps to take ...
In addition to your base salary or wages, there are other forms of compensation you receive for your work as an employee that are also subject to federal income tax. Normally, all your taxable compen ...
Sickness and injury benefits include workers’ compensation, disability pay, benefits from certain health and long-term care insurance plans, and other types of payments. Certain benefits are specif ...
Lung cancer is one the deadliest forms of the disease and one of the easiest to prevent. Over 90% of all lung cancers are caused directly or indirectly by cigarette smoke. Are you at risk? ...
If you are age 65 or older and your income is not over a certain limit, or if you are under age 65 and are totally and permanently disabled, you may be able to take the credit for the elderly or disab ...
The story of Stone Soup is a timeless lesson on the system of bartering. One man exchanges his expertise in cooking for the ingredients to make the soup of fable and with a little updating, you too, c ...
The purpose of Form W-4 is to have the right amount of federal income tax withheld from your pay. The information you provide on this form will help to match your withholding with your actual tax lia ...
There are ten skills that every small business administrative assistant should have. These skills help increase productivity, reduce expenses related to service calls and tech-support calls, and impr ...
Approaching your Christmas preparations in an orderly and methodical manner will allow you to celebrate in a grand manner, within your budget, and also enjoy the season in a serene and worry free mann ...