Can a yacht be a business expense?
Purchase Price Expense Deduction: You can deduct the purchase expense of a yacht or boat outright that is bought for a legitimate business purpose such as...
Jan 17, 2026 2 VIEWS
Topic: Business And Economy
3594 Articles 
What happens to bills when a parent dies?
When a person dies, his or her estate is responsible for settling debts. If there is not enough money in the estate to pay off those debts – in other word...
Jan 17, 2026 4 VIEWS
What is the limit of money transfer in net banking?
RTGS / NEFT – FAQ Minimum / Maximum amount for RTGS / NEFT transactions under Retail Internet Banking Type Minimum Maximum RTGS Rs. 2 Lakhs Rs. 10 Lakhs N...
Jan 17, 2026 4 VIEWS
What is the limit on capital gains tax?
For example, in 2020, individual filers won’t pay any capital gains tax if their total taxable income is $40,000 or below. However, they’ll pay 15 percent...
Jan 17, 2026 4 VIEWS
Can the bank take your house if its in a trust?
You cannot automatically take out a new loan or refinance the loan on a property that is in the trust. Many banks will not refinance your home if it is in...
Jan 17, 2026 4 VIEWS
Can equipment be written off?
Things like heavy machinery, office equipment, computers and office furniture are usually able to be deducted. Vehicles may also be deducted, with some li...
Jan 17, 2026 4 VIEWS
Does my employer have to reimburse me for cell phone?
The Fair Labor Standards Act (FLSA) does not require employers to reimburse employees for cell phone use, but California law does require cell phone reimb...
Jan 17, 2026 3 VIEWS
Is revenue recognized when order is placed?
In general, revenues can be recognized if they have: Persuasive evidence that an “agreement” exists between the supplier and the customers – such as a pur...
Jan 17, 2026 3 VIEWS
What is a wheelchair bound person?
unable to walk through injury, illness, etc and relying on a wheelchair to move around. How do you deal with a bound wheelchair person? Talk to the person...
Jan 17, 2026 3 VIEWS
What is an accountant Bill?
An invoice or other document received from a vendor, supplier, etc. usually for goods or services received. Can an accountant pay my bills? Accountants ca...
Jan 17, 2026 3 VIEWS
How do independent travel agents get clients?
Here are 7 surefire ways to attract potential clients and grow your number of travel agent leads and increase your customer base: Position Yourself as a S...
Jan 17, 2026 2 VIEWS
Can you roll a 401K into a self-directed 401K?
You can use 401k funds to invest in real estate if you can roll over the funds out of the plan into a self-directed IRA. If you have left the employer spo...
Jan 17, 2026 4 VIEWS