How much should I pay someone to write a business plan?
What should you expect to pay? A professional business plan consultant will generally charge between $5,000 and $20,000 for a complete business plan (alth...
Category: General
Is the mortgage interest deduction part of the standard deduction?
The mortgage interest deduction is a type of deduction that encourages homeownership, allowing the interest paid on a mortgage to be deducted from taxes. ...
Can a retired CPA prepare tax returns?
“They can’t perform or offer to perform services in accounting, auditing, financial statements management advisory, financial advisory or consulting servi...
Why is Box 1 lower than box 16 on my W-2?
Some employees may see a difference between Box 1 Federal Wages and Box 16 State Wages due to the value of certain pre-tax transportation benefits. What i...
Can a child still be claimed as a dependent?
Your child can still be claimed as your dependent as long you are still supporting them financially. To be a qualifying child, your dependent must: In add...
What is prohibited in an IRA?
What is a Prohibited Transaction? A prohibited transaction is any improper use of your IRA by you, your beneficiary, or a disqualified person. Disqualifie...
What happens when an employee exercises a stock option?
What Does It Mean to Exercise a Stock Option? Exercising a stock option means purchasing the shares of stock per the stock option agreement. The benefit o...
How do you politely email a client?
Begin with a greeting. Always open your email with a greeting, such as “Dear Lillian”. Thank the recipient. If you are replying to a client’s inquiry, you...
Does sales tax apply to soda?
Sales of noncarbonated drinks are generally not taxable, but their containers may be subject to the CRV. On the other hand, sales of carbonated and alcoho...
When did QuickBooks start?
1983 QuickBooks Developer(s) Intuit Inc. Initial release 1983 Stable release 2021 Operating system Microsoft Windows macOS (USA only) Type Accounting soft...
