age 59 ½ The IRS allows penalty-free withdrawals from retirement accounts after age 59 ½ and requires withdrawals after age 72 (these are called Required ...

How to Keep Accounting Records for an S Corporation Collect and capture all of your documents for any transaction that occurs with your corporation. Post ...

You don’t have to submit your bank statements with your tax return, but you should keep them for your records. Do you send bank statements with tax return...

There are a number of ways to determine the market value of your business. Tally the value of assets. Add up the value of everything the business owns, in...

Generally, IRS audits only go back two or three years. Fortunately, you don’t need to worry about that happening. According to the IRS, most tax audits ar...

In a simple option transfer to a family member, you transfer a vested option to a child, grandchild, or other heir. The transfer of the vested option is t...

The Efficient Market Hypothesis (or EMH, as it’s known) suggests that investors cannot make returns above the average of the market on a consistent basis....

Open the Company Preferences tab. Click Set Date/Password. Remove the password from the Password/Confirm Password fields. Note: If you want to remove the ...

A business commission is a certain amount of money paid to perform various acts or duties. However, commission-only pay is not permitted as employers are ...

You don’t want to bounce a check. Money orders are prepaid, so there’s no chance that the recipient won’t be able to cash or deposit it due to insufficien...