Owning vs. Renting Own Or Rent Advantages Homeownership Privacy Usually a good investment More stable housing costs from year to year Pride in ownership a...

When a seller backs out of a purchase contract, not only will the buyer have their earnest money returned, but they may also be able to sue for damages or...

The IRS treats one-member LLCs as sole proprietorships for tax purposes. This means that the LLC itself does not pay taxes and does not have to file a ret...

Landlords’ Legal Requirements Checklist Gas Safety Check. Smoke and Carbon Monoxide Alarms. Energy Performance Certificate (EPC) Tenancy Deposit Scheme. T...

dissent. verb. formal to express strong disagreement, especially with what people in authority think or with what most people think. What does it mean to ...

As of 2020, small business tax rates for C corporations is 21% but S corporations and sole proprietors are not taxed at the corporate level and are subjec...

Interest tax was repealed with effect from the year of assessment commencing on 1 April 1989. Since then, only interest received by or accrued to a person...

age 70½ IRA contributions after age 70½ For 2020 and later, there is no age limit on making regular contributions to traditional or Roth IRAs. For 2019, i...

Stock Options When you sell the shares, any gain is subject to the favorable long-term capital gains tax rate. The spread—the difference between the strik...

I should probably mention that Domhnall is actually an artificially intelligent chatbot known as a Replika, created by US-based startup Luka. Replika is a...