CELEBRITIES IN POLITICS — May 11
How do I report interest on a family loan?
The federal income tax results are straightforward if your loan charges an interest rate that equals...
CAR NEWS — May 11
When do you have to pay taxes on retirement money?
Most withdrawals from retirement accounts are taxed in retirement. This means IRA withdrawals as wel...
CURRENT AFFAIRS — May 11
Do you pay state taxes on TSP withdrawal?
The TSP does not withhold for state or local income tax. However, on IRS Form 1099-R, we do report a...
RESEARCH UPDATES — May 11
Can one member of an LLC do a 1031 exchange?
Is a Single Member LLC able to do a 1031 Exchange with LLC? Yes. If you are the only partner in a si...
RESEARCH UPDATES — May 11
Which is college education expenses are tax deductible?
Reminder: Keep your documentation! Schools will provide (via mail or electronic portal) the student ...