news
How does a irrevocable funeral trust work?
The funeral trust is a legal agreement between three parties. If you set up an irrevocable funeral trust, then you transfer control of your assets to the ...
Jul 29, 2026 • 1 READS
updates
Can you withdraw money from stock investments?
You can only withdraw cash from your brokerage account. If you want to withdraw more than you have available as cash, you’ll need to sell stocks or other ...
Jul 29, 2026 • 1 READS
news
What percentage of mothers win custody?
Across a wide range of jurisdictions the estimates are that mothers receive primary custody 68-88% of the time, fathers receive primary custody 8-14%, and...
Jul 29, 2026 • 1 READS
news
How long do you have to live in a home before selling it?
The property has to be your principal residence (you live in it). If it is an investment property, you will have to follow the normal capital gains rules....
Jul 29, 2026 • 1 READS
updates
What are total assets on 1120S?
Total Assets – This is a calculated amount by the tax program, consisting of ALL the amounts entered (or automatically pulled) on this Asset Menu. Total A...
Jul 29, 2026 • 1 READS
updates
Can a child claim themselves on taxes?
No, he can not claim himself. The question that he has to answer on his tax return is can he be claimed on someone elses return, and the true answer is ye...
Jul 29, 2026 • 1 READS
news
How do I ask if payment was received?
To request payment professionally, it’s important to first make sure there was no error or miscommunication about the invoice. Send a polite email to your...
Jul 29, 2026 • 1 READS
news
Do retirement plans have annual contribution limits?
There are limits to how much employers and employees can contribute to a plan (or IRA) each year. The plan must specifically state that contributions or b...
Jul 29, 2026 • 1 READS
news
How to fill out schedule NEC Form 1040NR?
Schedule NEC (Form 1040-NR), lines 1a through 12. Enter the amounts of gross income you received from dividends, dividend equivalents, interest, royalties...
Jul 29, 2026 • 1 READS
updates
What is a resident of the state of Michigan?
You are a Michigan resident if your domicile is in Michigan. Your domicile is where you have your permanent home. It is the place you plan to return to wh...
Jul 29, 2026 • 1 READS
