Can you be a single owner of a corporation?
However, all states do allow corporations to have just one owner. You can be the sole shareholder, director and officer for your company. Documenting your...
Category: Updates
How do you investigate penny stocks?
How to Pick a Potential Penny Stock Winner Pre-Spike Where to Look for Penny Stocks. Share Price and Valuation. Beware Dilution. Rule #1 — Look For Stocks...
Why is the 10-year Treasury yield going down?
10-year Treasury yield drops to lowest level since February amid signs of economic growth slowing. The 10-year Treasury yield fell to its lowest level sin...
What is a 401k in basic terms?
A 401(k) Plan is a defined-contribution retirement account that allows employees to save a portion of their salary in a tax-advantaged manner. The money e...
Can I open a Roth IRA without funding it?
The good news is that the IRS doesn’t require a minimum amount to open a Roth IRA. While there’s a Roth IRA maximum contribution amount, there’s no minimu...
Do cancer survivors have shorter lifespans?
A large study has found that people who have survived cancer and its treatment are more likely to die sooner and have a shorter lifespan compared to those...
Can you cash out your 401k if you lose your job?
“While it may be tempting to cash out your 401(k) after leaving your job, proceed with caution before doing so,” McCormick-Goodhart says. “These accounts ...
Can a stay at home mom get a job?
Richardson recently had a client who was stunned to learn she was expected to return to work after having been home with her now-teenage sons for 15 years...
When to convert from sole proprietorship to S Corp?
If your business is operating as a sole proprietorship, and you’re a U.S. citizen or equivalent, converting to an S corporation is relatively simple. Step...
What are the IRS rules regarding charitable giving?
Individuals may deduct qualified contributions of up to 100 percent of their adjusted gross income. A corporation may deduct qualified contributions of up...
