Bookkeeper rates vary depending on the business size, industry, and financial services needed. In-house bookkeepers can charge anywhere from $18-23 per ho...

Parents can purchase stocks for their adult children as well as their minor children. If you purchase stocks for your minor child, you’ll set up a custodi...

Can I deduct the furniture I purchased for the rental? Yes. Normally, larger items are entered as assets and depreciated over time. However, you can make ...

Capital gains are generally included in taxable income, but in most cases, are taxed at a lower rate. A capital gain is realized when a capital asset is s...

Registering your business is a legal necessity. Even if your business is a tiny one-person operation, failing to register your business when you’re sellin...

The rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must-have or must-do. The remaining half should...

Audits can be appealed in the same manner as lesser court rulings, and in many cases, the Office of Appeals overturns (or at least modifies) the findings ...

There are two types of 529 plans: prepaid tuition plans and education savings plans. All fifty states and the District of Columbia sponsor at least one ty...

There are differences in the foreign gift tax treatment of cash and property. A non-resident alien donor is subject to foreign gift tax on transfers of re...

Keeping this in mind, an employee whose annual salary is $35,000 will cost the employer about $45,000. To make it easier, if an employee paid an hourly wa...