updates

How is RMD divisor calculated?

Locate your age on the IRS Uniform Lifetime Table. Find the “life expectancy factor” that corresponds to your age. Divide your retirement account balance ...

Sep 22, 2026 1 Views

news

Are counselors 1099?

Should you hire additional therapists as a 1099 contractor or W-2 employee? In my private practice consulting experience and based on recent discussions i...

Sep 22, 2026 1 Views

general

How does the energy credit work?

The investment tax credit (ITC), also known as the federal solar tax credit, allows you to deduct 26 percent of the cost of installing a solar energy syst...

Sep 22, 2026 1 Views

general

Is the majority of farmland owned by families?

The vast majority of farms and ranches in the United States are family owned and operated. Under this definition, the National Agricultural Statistics Ser...

Sep 22, 2026 1 Views

updates

What is the tax year period?

A “tax year” is an annual accounting period for keeping records and reporting income and expenses. The tax years you can use are: Calendar year – 12 conse...

Sep 22, 2026 1 Views

news

Can you develop schizophrenia at 28?

Although schizophrenia can occur at any age, the average age of onset tends to be in the late teens to the early 20s for men, and the late 20s to early 30...

Sep 22, 2026 1 Views

updates

Can I take my 403b in a lump sum?

How to withdraw funds. There are several ways to withdraw funds from a 403b plan. Funds may be taken in a lump sum or in periodic payments. In most cases,...

Sep 22, 2026 1 Views

general

Can S Corp shareholders be employees?

An S corporation shareholder who performs more than minor services for the corporation will be its employee for tax purposes, as well as a shareholder. In...

Sep 22, 2026 1 Views

general

What are the laws relating to compensation?

Night Work Compensation The Wage Code regulates wage and bonus payments in all employment. The Code combines the provision of the following four laws: (i)...

Sep 22, 2026 1 Views

news

Are shareholders agreements compulsory?

A Shareholders’ Agreement is not compulsory and is a confidential document between the parties to the Agreement. Usually a Shareholders’ Agreement is sign...

Sep 22, 2026 1 Views