updates

Can small business owners go on vacation?

Taking a vacation as a small business owner requires diligent planning and forethought, but it is possible. And, not only is it possible – it is important...

Published: Apr 17, 2026

updates

Is the tax benefit of debt overestimated?

In this paper, we show that prior estimates of the tax benefits of debt are overestimated. We develop improved estimates of marginal tax rates (MTRs) usin...

Published: Apr 17, 2026

general

What happens after filing for divorce in PA?

After the complaint is filed, there is a 90-day waiting period. Each party then files a sworn statement that the marriage is irretrievably broken and that...

Published: Apr 17, 2026

news

Do I have to pay taxes in the US and Canada?

Thanks to the tax treaty between the US and Canada, Americans living in Canada can avoid being double-taxed. The Canada-United States Tax Treaty ensures t...

Published: Apr 17, 2026

news

Can you sell used paperback books?

Take your paperback books to a flea market. This option is a good one if you have a lot of books to sell. Your table is usually good for the weekend so yo...

Published: Apr 16, 2026

general

Can you be taxed in the US for the sale of a UK property?

If you are a US citizen or permanent resident, your worldwide income is taxable in the US. Therefore, if you’ve purchased a home in the United Kingdom and...

Published: Apr 16, 2026

general

Do sales reps get stock options?

Sales Rep Equity Compensation / Stock Options For example, Sales Reps at companies that have raised Over 30M typically get between 0 and 50K+ shares. Howe...

Published: Apr 16, 2026

updates

What is a composite tax filing?

A composite return is a tax return filed and paid at the entity level on behalf of the non-resident partners or shareholders. The tax payment on behalf of...

Published: Apr 16, 2026

news

Which company started cloud computing?

History. Cloud computing was popularized with Amazon.com releasing its Elastic Compute Cloud product in 2006. References to the phrase “cloud computing” a...

Published: Apr 16, 2026

updates

What expense category is furniture?

Office furniture, being necessary for the business, is treated as a business expense. This expense is deductible on your tax return. However, you must kno...

Published: Apr 16, 2026