Can you do a like-kind exchange on a personal residence?
Normally the IRS does not allow you to conduct a 1031 exchange with your primary residence. That’s because the home that you live in isn’t being used as a...
Normally the IRS does not allow you to conduct a 1031 exchange with your primary residence. That’s because the home that you live in isn’t being used as a...
When paying off a HELOC is not considered cash-out You want it to be deemed as such, since rate-and-term refis come with lower rates and fewer restriction...
Michigan requires business enterprises to register, allowing you to make your collected tax payments. Obtain all necessary permits. Some businesses need s...
Under the current guidelines, taxpayers who took out a home equity loan after Dec. 15, 2017, can deduct: The interest paid on up to $750,000 of their mort...
Deferral limits for a SIMPLE 401(k) plan The limit on employee elective deferrals to a SIMPLE 401(k) plan is: $13,500 in 2021 and 2020 ($13,000 in 2019) T...
Most churches pay a pastor salary that is established by contract. The amount of salary varies based on the size of the church and the congregation. To as...
How to help a family in need: Eight thoughtful tips Speak to the family directly. Give your fundraiser a title that inspires action. Write a compelling fu...
A trust is traditionally used for minimizing estate taxes and can offer other benefits as part of a well-crafted estate plan. A trust is a fiduciary arran...
THE LEGISLATIVE PROCESS To become law, legislation must be approved by Parliament. Proposed legislation is introduced in Parliament in the form of a bill ...
In addition to the oil issue, 2013 Equinox owners reported engine stalling while in operation and windshield wiper failures. While not expensive to fix, b...
You can take money out of an IRA whenever you want, but be warned: if you’re under age 59 ½, it could cost you. (It’s a retirement account, after all.) If...
Key tips for starting a new job Remind yourself of important facts about the organisation so that you can engage in conversation with your new colleagues....