updates
How are structured settlements paid out?
When the defendant and the plaintiff in a lawsuit agree to settle a claim with a structured settlement, the parties negotiate a cash amount payable by the...
Jul 26, 2026 • 1 READS
news
How do you come back from business failure?
Here are ten steps I took to start over and end up in an even better place: Accept failure happened and learn from it. Actively decide to change. Prioriti...
Jul 26, 2026 • 1 READS
updates
What happens when you receive a Form 1099-C?
The Internal Revenue Service does not say that your debt balance is zero after a Form 1099-C is issued, or even that the bank cannot try to collect after ...
Jul 26, 2026 • 1 READS
general
Are there any tax breaks for a widow?
I was widowed this year, and a friend told me she heard there are some tax breaks for widows. Can you help? Yes. As a widow, you may file a joint return f...
Jul 26, 2026 • 1 READS
general
Who qualifies for EIC TurboTax?
Eligibility is limited to low-to-moderate income earners Taxpayers must file as individuals or married filing jointly. If married, you, your spouse and yo...
Jul 26, 2026 • 1 READS
news
How do I claim disability tax credit for my husband?
Applying for the Disability Tax Credit You may claim the disability tax credit for yourself, a child, or your spouse or common-law partner. To apply, eith...
Jul 26, 2026 • 1 READS
news
What is the difference between sole proprietor and self-employed?
A sole proprietor is self-employed because they operate their own business. When you are self-employed, you do not work for an employer that pays a consis...
Jul 26, 2026 • 1 READS
news
When to use 1099-a acquisition or abandonment of secured property?
Form 1099-A: Acquisition or Abandonment of Secured Property is one of a series of 1099 forms used by the Internal Revenue Service (IRS) to report various ...
Jul 25, 2026 • 1 READS
updates
Do you have to file taxes if your partnership has no income?
Many partnerships can avoid taxes if they make no money. If you are involved in a partnership that is just getting off the ground, it might not have any i...
Jul 25, 2026 • 1 READS
news
How are taxable gains taxed?
Capital gains are generally included in taxable income, but in most cases, are taxed at a lower rate. Short-term capital gains are taxed as ordinary incom...
Jul 25, 2026 • 1 READS
