The Schedule K-1 can be tied to different tax returns, depending on how the business was created. The K-1 tax form varies slightly depending on whether the ownership structure is a...
Posted by Larry Kenneth Hurt on 07/23/2020
Growing old is a price we all have to pay. We might prefer to be young forever, but we don't have much say about that. However, the bright side is that being an elder comes with...
Posted by Larry Kenneth Hurt on 07/16/2020
While this is a scary option for many people, there comes to a point where the best move is to file for bankruptcy. It is nice to know that when you have a financial crisis, you have...
Posted by Larry Kenneth Hurt on 07/09/2020
In the near future, just in case you will get audited or sued, you won’t have to worry if you kept in track with your financial statements. Aside from it being in handy, good...
Posted by Larry Kenneth Hurt on 07/09/2020
It is common for lawyers and clients to always settle disputes. This usually involves an exchange of money. And, almost any time when money changes hand, it usually involves tax, which...
Posted by Larry Kenneth Hurt on 06/22/2020
A survey in 2015 by Sallie Mae revealed that more than 6% of parents took from their retirement account – 401(k) or IRA to pay college fees. Over the years, as the cost of tuition...
Posted by Larry Kenneth Hurt on 06/22/2020
You are expecting to receive a federal tax refund! It's like finding a forgotten hundred dollar bill in your winter coat pocket, but instead of just a hundred dollar bill, a refund...
Posted by Larry Kenneth Hurt on 06/11/2020
The California Assembly Bill 5 is a law that which restricts people that can be classified as independent contractors. It came into effect in January and can affect your business in...
Posted by Larry Kenneth Hurt on 06/11/2020
Homeownership has always been a trait of the American dream. Traditionally, owning a house has been a representation of financial stability and reliable retirement savings. For many,...
Posted by Larry Kenneth Hurt on 05/17/2020
