updates
What happens when you sell an investment at a loss?
If you sell the stock in a year in which you don’t have losses to offset, or you have more losses than gains, you can deduct up to $3,000 in losses that d...
Aug 29, 2026 • 1 READS
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Updates
updates
Can you reverse a Roth IRA contribution?
To cancel a Roth IRA contribution, you have to take out what you contributed plus any earnings accrued while the money was in the Roth IRA. If you lost mo...
Aug 29, 2026 • 1 READS
updates
Why will a customer buy health insurance?
Health insurance provides people with a much needed financial backup at times of medical emergencies. Health risks and uncertainties are a part of life. H...
Aug 29, 2026 • 1 READS
updates
Can the IRS garnish my entire paycheck?
Generally, the IRS does not garnish all of a taxpayer’s wages. However, if the taxpayer has more than one job (which many people do), the IRS may garnish ...
Aug 29, 2026 • 1 READS
updates
What happens when you receive an IRS audit letter?
When done correctly, an audit response letter can quickly expedite a resolution to your examination. After you or your tax attorney send in your documenta...
Aug 28, 2026 • 1 READS
updates
Are PPP loans reported on 1120S?
The PPP loan is not treated as a debt when answering the questions on the Forms 1065 and 1120S that ask if the taxpayer has had any forgiveness of indebte...
Aug 28, 2026 • 1 READS
updates
Which states have the most mobile homes?
As of April 2020, Texas was the U.S. state with the highest number of mobile homes with 108,282 manufactured homes. Florida and Louisiana followed behind ...
Aug 28, 2026 • 1 READS
updates
What is the difference between owning and renting?
Renting: You pay less up front. While many landlords ask for first and last month’s rent, as well as a security deposit, this is still less than what you’...
Aug 28, 2026 • 1 READS
updates
Can a foreigner marry a Malaysian woman?
“Foreigners who want to marry Malaysians need to complete basic documents such as visas, passes and letters to Islam (if u marry Moslem) in advance so tha...
Aug 28, 2026 • 1 READS
updates
Do doctors get year end bonuses?
As a physician, it is likely that your compensation package will include some sort of bonus structure to motivate you to be productive. Bonuses can repres...
Aug 28, 2026 • 1 READS
