general
Can a non-exempt employee work without compensation?
As a non-exempt employee, salaried employees who work over the maximum number of hours should be paid based on California overtime laws. An employer canno...
Mar 30, 2026 1 views
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General
Expert insights and detailed technical documentation about General.
general
How is S Corp net income taxed?
S-corporations are pass-through entities. That is, the corporation itself is not subject to federal income tax. Instead, the shareholders are taxed upon t...
Mar 30, 2026 1 views
general
Can a co op be an LLC?
A worker cooperative can structure itself in different ways. It may choose among several different entity types including corporation, non-profit corporat...
Mar 30, 2026 1 views
general
Does everyone have taxable combat pay?
Enlisted persons and warrant officers— Combat pay is nontaxable, and you should report zero for combat pay or special combat pay. Commissioned officers—Co...
Mar 30, 2026 1 views
general
What is the difference between self-employed independent contractor and sole proprietor?
How does a sole proprietor differ from an independent contractor? They are essentially the same: both are self-employed. Here’s what I mean: the sole prop...
Mar 30, 2026 1 views
general
Can a family member be a payee?
In most cases, someone who knows the beneficiary asks us if he or she can be the beneficiary’s payee. It may be a family member, a friend, a legal guardia...
Mar 30, 2026 1 views
general
What is a personal property deductible?
Deductible personal property taxes are those based only on the value of personal property such as a boat or car. The tax must be charged to you on a yearl...
Mar 30, 2026 1 views
general
Can defaulted student loans be settled for less?
You may be able to settle federal or private student loans for less than you owe if they’re in default and you can’t repay them. Student loan settlement i...
Mar 30, 2026 1 views
general
Which Internet service allows buying and selling of products?
Electronic commerce or e-commerce (sometimes written as eCommerce) is a business model that lets firms and individuals buy and sell things over the intern...
Mar 30, 2026 1 views
general
What happened to the Reserve Primary Fund?
The Securities and Exchange Commission (SEC) sued Reserve Management and its executives for making false assurances to investors about their ability to ma...
Mar 30, 2026 1 views
general
Are banks offering car loans?
With banks, credit unions, online lenders and dealerships all offering loans, you could have a lot of auto financing options. Take the time to shop around...
Mar 30, 2026 1 views
general
What is terminable interest property?
A “terminable interest” in property is an interest which will terminate or fail on the lapse of time or on the occurrence or the failure to occur of some ...
Mar 30, 2026 1 views
