Can a sole proprietor have a profit sharing plan?
Whether you are a large company, a tax-exempt organization, a government entity, or a sole proprietor, you can establish and maintain a profit-sharing pla...
Jan 17, 2026 1 VIEWS
Topic: Business And Economy
3594 Articles 
How do you respond when someone asks to borrow money?
Here is how: LISTEN FIRST. If you say no too quickly, your friend or family member might feel ignored, hurt, discounted or insulted. ASK FOR TIME. MAKE A ...
Jan 17, 2026 2 VIEWS
What is the limit for IRA conversion per year?
In 2021, you can contribute up to $6,000 per year if you are a single earner under age 50 and your Modified Adjusted Gross Income (MAGI) is under $140,000...
Jan 17, 2026 2 VIEWS
Does an LLC need to make an S election?
Both the LLC and S corporation are pass-through entities, meaning that the income of the business passes through to the owners. If you want your LLC to be...
Jan 17, 2026 2 VIEWS
Is a US citizen legally eligible to work in Canada?
Americans Working in Canada If you are an American citizen, you may be eligible to apply for a Canadian work permit or apply to work in Canada under the S...
Jan 17, 2026 2 VIEWS
Is it worth being self-employed UK?
There are plenty of reasons to go self-employed. You get to ‘be your own boss’ and work more flexibly. And depending on your industry, you may be able to ...
Jan 17, 2026 2 VIEWS
Why was California admitted as a free state?
With the Gold Rush came a huge increase in population and a pressing need for civil government. In 1849, Californians sought statehood and, after heated d...
Jan 17, 2026 2 VIEWS
How do I keep people from stealing my solar panels?
5 Ways to Guard against Commercial Solar Panel Theft No. 1: Install Motion-Detecting Lights. No. 2: Connect Commercial Solar Panels to an Alarm. No. 3: Li...
Jan 17, 2026 1 VIEWS
Should I put my vehicle under my business?
If you drive your vehicle primarily for business, then you should absolutely look to put it under a business auto policy because it will potentially be a ...
Jan 17, 2026 2 VIEWS
Does severance pay affect benefits?
Severance payments under some state regulations will have no impact on an employee’s benefits, whereas in other states, severance payments will either del...
Jan 17, 2026 2 VIEWS
What is long-term capital gains on real estate?
Long-term capital gains tax is a tax applied to assets held for more than a year. The long-term capital gains tax rates are 0 percent, 15 percent and 20 p...
Jan 17, 2026 2 VIEWS
Do nonprofit organizations pay employees?
One of the most common misconceptions associated with nonprofits is that they don’t pay employees and therefore don’t pay payroll taxes. Nonprofits have e...
Jan 17, 2026 2 VIEWS