Are bypass trusts still necessary?
Bypass trusts are suddenly no longer necessary, as a surviving spouse can inherit the deceased spouse’s exemption along with his/her assets! Is a bypass t...
Category: Updates
What will happen on September 12?
On This Day, September 12 1992 First African American Woman goes into Space. 1974 A Coup in Ethiopia ousts Emperor Haile Selassie. 1970 The Soviet Union l...
What is it called when you rent from a renter?
Rental of personal property or real property for periods longer than a year, which is governed by the signing of a lease, is known as leasing. What is a p...
When can a partnership be dissolved?
Generally, a partnership terminates or dissolved when a partner discontinues participating in the business operation. The dissolution can happen in three ...
What to prepare before starting a business?
Here are the 10 things you need to do before starting a business Develop a powerful message. Focus on the customer and fully understand the market. Start ...
Do I have to pay taxes if I sell my 2nd home?
If you sell property that is not your main home (including a second home) that you’ve held for at least a year, you must pay tax on any profit at the capi...
Who qualifies for Sassa old age grant?
How do you know when you qualify? You must be a South African citizen or permanent resident. You must live in South Africa. You may not receive any other ...
Can you sue an assisted living facility?
Yes, if an assisted living facility is negligent, and that negligence leads to someone’s injuries, you could sue them for their actions (or lack thereof)....
How do I split a self-employed transaction in QuickBooks?
In QuickBooks Self-Employed, you can split transactions when you’re categorizing them….Unsplit a transaction Go to the Transactions menu. Find the transac...
What tax year do I use for FAFSA 2021 22?
2019 tax Schools have the ability to assess your situation and adjust your FAFSA form if warranted. You cannot update your 2021-22 FAFSA form with your 20...
