politics

Is a harassment settlement taxable?

No, recipients of settlements or payments related to sexual harassment or sexual abuse, whose settlement or payment is subject to a nondisclosure agreemen...

Mar 03, 2026 • 2 READS

politics

What type of expense is furniture?

Office furniture, being necessary for the business, is treated as a business expense. This expense is deductible on your tax return. What account does fur...

Mar 03, 2026 • 1 READS

politics

Do I need a business license to sell in California?

You must obtain a seller’s permit if you: Are engaged in business in California and. Intend to sell or lease tangible personal property that would ordinar...

Mar 03, 2026 • 1 READS

politics

What if I buy a car out of state California?

However, if you purchase your out-of-state vehicle in California, and plan to drive the car from the dealership, you must pay California’s sales tax. You ...

Mar 03, 2026 • 1 READS

politics

Do age pensioners need to lodge a tax return?

If your only source of income is the aged pension then yes, you may still need to lodge a tax return. You do need to lodge a tax return if: Centrelink is ...

Mar 03, 2026 • 1 READS

politics

How do I file a California Form 568?

PAYMENTS Mail Form 568 with payment to: Mail Franchise Tax Board. PO Box 942857. Sacramento CA 94257-0501. E-Filed returns: Pay electronically using Web P...

Mar 03, 2026 • 1 READS

politics

What happens if bank rejected stimulus?

The bank has the option of rejecting the deposit or accepting it. If it’s rejected because the account information doesn’t match the name on the check, it...

Mar 03, 2026 • 1 READS

politics

Can you have multiple accounts at a bank that are FDIC insured?

The FDIC adds together all single accounts owned by the same person at the same bank and insures the total up to $250,000. How much money in a checking ac...

Mar 03, 2026 • 1 READS

politics

Can an LLC have a corporation as a member?

Yes! All states allow for other types of business entities (not only individuals) to serve as members of LLCs. Generally, there are very few restrictions ...

Mar 03, 2026 • 1 READS

politics

Can I sell my house to my LLC?

Putting Your Own Property in an LLC It is legally possible to put your own primary residence into an LLC, but it may or may not be the right decision. As ...

Mar 03, 2026 • 1 READS