media

How do you liquidate a single member LLC?

To close an LLC completely, you need to file a final tax return with the state and the IRS. Make sure you check the box to show this is the final return f...

Mar 09, 2026 • 1 READS

media

What happens to trust assets after the death of a parent?

The double step-up means any remaining trust assets will have a second cost-basis step-up upon my mother’s death. Fortunately, we were within the IRS’ thr...

Mar 09, 2026 • 0 READS

media

What is the average number of clients for a financial advisor?

By contrast, the average advisor at a broker-dealer has 118 ongoing client relationships, plus 18 one-time clients, and an average of 31 dormant clients. ...

Mar 09, 2026 • 0 READS

media

When do I get my economic impact letter?

Notice 1444-C, Your 2021 Economic Impact Payment. Later this year, the IRS will mail this letter to people who received a third Economic Impact Payment. T...

Mar 09, 2026 • 0 READS

media

What to do if you get a letter from IRS?

Received letter from IRS stating that they issued an EIP2… We received letter regarding 2nd stimulis check but it has not been deposited in our checking a...

Mar 09, 2026 • 0 READS

media

What is the 1099-R code for rollover?

Code G Rollover (Code G) Distribution code G on your 1099-R indicates that your WRS benefit was rolled over to another qualified plan. What is the distrib...

Mar 09, 2026 • 1 READS

media

Can I roll my retirement into a Roth IRA?

Can I roll over my retirement plan assets into a Roth IRA? If you have a Roth 401(k) or 403(b), you can roll over your money into a Roth IRA, tax-free. If...

Mar 09, 2026 • 1 READS

media

What is prudent use?

1 The term “prudent use” acquired international relevance as an educational slogan aiming at contributing to the reduction of resistance rates in pathogen...

Mar 09, 2026 • 0 READS

media

How do I change my tax withholding from 0 to 1?

You can adjust your tax withholdings by filling out IRS Form W4 with your employer. The form lets you adjust your income tax withholding by changing the n...

Mar 09, 2026 • 0 READS

media

What to say before transferring a call?

There are a few essential elements of call transfer you should never skip: Inform the customer. Give the caller the transfer information. Let the customer...

Mar 09, 2026 • 0 READS