updates

Can a farmer write off land?

California, like every other state, offers property tax breaks for agricultural land. Specifically, farmers are able to take 20 to 75 percent off their pr...

Published: Apr 17, 2026

updates

What is a nonrefundable education credit?

Education tax credits can either be refundable or nonrefundable. A nonrefundable tax credit can reduce the amount of tax you owe to zero but does not pay ...

Published: Apr 17, 2026

news

Can I import credit card transactions into QuickBooks Online?

Most credit card companies allow you to connect to QuickBooks using your online sign-in credentials. If your credit card does not allow a connection to Qu...

Published: Apr 17, 2026

news

Are Reward Points taxable income?

Generally, the IRS categorizes redemption of credit card rewards and frequent flyer miles as non-taxable. Instead of being seen as income, “they are treat...

Published: Apr 17, 2026

updates

Can a sole proprietor deduct NOL?

Net operating loss carryovers allow the proprietor to apply the loss to a different tax year to deduct the loss and reduce the income for the year to whic...

Published: Apr 17, 2026

updates

Can you drive a car after you just bought it?

Can you drive home a car you just bought? Yes, but only if you have insurance. It is a legal requirement that you are insured to drive your new car at any...

Published: Apr 17, 2026

news

What are qualifying reasons to withdraw from 401K?

Eligibility for a Hardship Withdrawal Certain medical expenses. Home-buying expenses for a principal residence. Up to 12 months’ worth of tuition and fees...

Published: Apr 17, 2026

news

Who is a small business consultant?

A small business consultant provides business owners with resources, advice and planning designed to improve an organization’s performance and efficiency....

Published: Apr 17, 2026

news

Can I move out of state during divorce?

Moving out of state during a divorce may be completely legal in many cases, but it may cause you some problems. It is understandable that many people goin...

Published: Apr 17, 2026

news

How do I set up a bank account for a club?

What You Need To Open a Team or Club Bank Account A minimum deposit. An Employer Identification Number (EIN) and sometimes the EIN verification letter fro...

Published: Apr 17, 2026