Is my clergy income subject to the self-employment tax?
Members of the clergy (ministers, members of a religious order, and Christian Science practitioners and readers) and religious workers (church employees) ...
Category: General
Is it worth it to become a US citizen?
Citizens fare better economically than non-citizen immigrants, perhaps because they’re better placed to put down roots and invest in their future. Researc...
Is a trailer a business expense?
If you also use the trailer for personal needs, you must apportion the business and personal use. For example, if you use a trailer half the time for vaca...
Does the 10-year rule apply to annuities?
If the beneficiary is a minor child, distributions can be distributed over the beneficiary’s life expectancy; until the age of majority, then the 10-year ...
How do you pay for a business on Facebook?
You can start using Facebook Pay on Facebook or Messenger with just a few taps. Go to “Settings” > “Facebook Pay” on the Facebook app or website. Add a...
Can a spousal IRA be a Roth?
Remember: A spousal IRA can be structured as either a traditional or Roth IRA. What happens to Roth IRA when spouse dies? If you inherit a Roth IRA as a s...
What are the consequences of a foreclosure on a rental property?
The Consequences of Rental Property Foreclosure. In addition to losing the initial investment on the property, the borrower loses ownership rights and any...
What purchase order means?
A purchase order is used by a buyer to place an order and is issued before delivery. An invoice is issued by a seller using invoicing software after an or...
Is sale of intellectual property a capital gain?
A person who sells/assigns all (or substantially all) of their rights to Intellectual Property will generally be treated as having “sold” their interest i...
Can you intern for yourself?
Creating your own internship is a great way to ensure a rewarding experience since the internship will be based on your own academic and professional inte...
