Many of you may hear about IRC §121 exclusion which the taxpayer can exclude the gain up to $250,000 or $500,000 for married filing jointly. I also discuss about this provision in the another post. You can read the post How to Minimize Tax on the Sale of Your Primary Residence. One of the most […]
Real Estate Tax Trap to Avoid Read More »
Before discussing about the factors for choice of business entity, we should have a good understanding of options that a business can choose from There are some differences between legal entities and tax purpose entities. Federal Tax – Sole Proprietorship, Partnerships, C Corporations and S Corporations Legal Entities – Sole Proprietorship – Partnerships (various types)
Factors for Choice of Business Entity Read More »
Nowadays, most people change at least one job per their lifetime. New employees should explore the benefits that the company has provided to its employees in order to maximize the benefits. The post provides some guidance for employees to take advantages and to maximize the company’s available benefits. Here is the list of common benefits
Company’s Benefits – How to maximize the benefits- Finance 101 Read More »
