New Law Brings Great Relief for Californians
BY Admin | March 1, 2021 After years of having homestead laws that were supposed to protect the homeowner, the state of California has finally decided to play the game with the right game piece. State homestead exemptions give protection, up to a certain dollar amount, to a debtor, to protect a home and its equity from seizure by a judgment…
Ways To Save Money Without Overdoing It
BY Admin | June 22, 2022Knowing how to save money is a crucial life skill that too many people lack. Statistics show that Americans tend to be heavily indebted with few savings, and while you don’t want to be a miser, below are some tips that will help you save money so you can live the life of your dreams.…
When Is A Business Too Small To Incorporate?
BY Admin | June 22, 2022There are no specific size requirements to incorporate business since companies of all sizes are susceptible to lawsuits. There are a number of reasons why incorporating it might be a good idea. What is Incorporation? Incorporation is the process of establishing your company so that it becomes legally separate from the owner. The 3 most…
Should I Consider An Equal Opportunity Trust?
BY Admin | June 22, 2022An incentive trust, which is also known as an equal opportunity trust, is a legal concept that ensures one’s descendants will wisely use their inheritance. It is designed to minimize the waste or destruction of generational wealth which sometimes occurs when children or grandchildren are given unfettered access to the assets of their parents and…
Why Should You Pay Attention To IRS Form 1099-K?
BY Admin | June 20, 2022Business owners that process credit cards via a 3rd party network must pay close attention to IRS Form 1099-K, which is an informational form that reports income that is generated from sources distinct from salaries, wages, or tips. Why Is The 1099-K Important? The 1099-K Form is the document the Internal Revenue Service requires for…
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