Pastors may or may not have much, if any, formal training in psychological counseling, including marriage and family counseling. Those emphasizing counsel...

Pay as Soon as Possible While there is no way to “undo” the legal violation for the underpayment, the best practice is to immediately pay all wages due to...

S-Corp Tax Deductions Ordinary business expenses such as rent, taxes, advertising, company-provided employee benefits, depreciation and interest can be su...

Active participation. You actively participated in a rental real estate activity if you (and your spouse) owned at least 10% of the rental property and yo...

Deduction available under Section 80D Scenario Premium paid (Rs) Deduction under 80D (Rs) Individual and family below 60 years but parents above 60 years ...

Qualified property includes tangible property subject to depreciation under section 167 that is held, and used in the production of QBI, by the trade or b...

For health and safety law purposes, ‘self-employed’ means that you do not work under a contract of employment and work only for yourself. If you’re self-e...

My son did a 5 month college internship in New York City his junior year (2015). He then came back to Athens, Ohio and worked at college the rest of the y...

If you are starting out as a freelancer or are considering becoming self-employed here is how you can attract clients and gain valuable experience. Get to...

The account is usually labeled “Gain/Loss on Asset Disposal.” The journal entry for such a transaction is to debit the disposal account for the net differ...