The grantor, which can also be called the creator, settlor, trust maker, or trustor, is the party who forms the trust. For married couples, if the trust was established jointly, they...
Posted by CORE PERFORMANCE on 04/06/2021
One of the issues that real estate investors have to deal with is taxes. There are various taxes with different implications on asset performance. It is not surprising that people...
Posted by Thomas G Kinsella, ATP on 03/30/2021
There is no magic formula to determine the amount of life insurance you will need. However, you can make a reasonable estimate if you consider your present financial situation and...
Posted by Rosovich & Associates, Inc. on 03/30/2021
One of the main advantages of life insurance is that payment to beneficiaries is free. Because life insurance benefits in the event of death can run into the millions of dollars, it's...
Posted by Jim McClaflin, EA, NTPI Fellow on 03/29/2021
The advantages of being a self-employed or independent contractor are numerous. You have the freedom and flexibility to do your job, and it's also a great way to start your own...
Posted by Don Bell Law on 03/28/2021
Airbnb and a series of other home-sharing firms are fantastic ways to bring in extra income. You might have a spare room to let, lease out your house when on vacation, or even have...
Posted by Karen Munoz, EA on 03/27/2021
Are you wondering if there is a hard rule on taxable income and non-taxable income? The answer is simple: all income is taxable unless it is expressly excluded by law. But, as you've...
Posted by Elliot Kravitz, ATP on 03/17/2021
The premium tax credit is a refundable tax credit that reduces the monthly premiums for plans in the health insurance market. The figure of the premium tax credit depends on household...
Posted by The TaxAdvocate Group, LLC on 03/17/2021
State Unemployment insurance is a tax program funded by employers to provide short-term benefits to workers out of a job. This is a tax required at the federal and state level. Unemployed...
Posted by Daniel P Vigilante CPA and Profit Consultants on 03/01/2021
