Business Taxes Based on the legal form you choose for a business or commercial enterprise; your tax obligations will vary: Sole Proprietorship: A sole proprietorship is a business that is owned by one person and that has not been set up as a corporation. For tax purposes, the income and expenses fr...
This is an act that imposes criminal liability on accountants and others who prepare federal tax returns if they (a) willfully understate a client’s tax liability, (b) negligently understate the tax liability, or (c) aid or assist in the preparation of a false tax return. ...
If you’re operating a sole proprietorship or partnership, you might want to consider the advantages of incorporating your business. You will not only enjoy the benefits of limited personal liability but also generally pay less in taxes, namely the self-employment/Federal Insurance Contribution...
Typically, each state has factors in deciding custodial arrangements, considering the following in some form or another: age and sex of the child emotional ties between the parties involved and the child relationship between child and siblings capacity of the parties seeking custody to provide a lo...
The most frequent signs of impairment that are looked for during a sobriety checkpoint stop are: the odor of alcoholic beverages or drugs bloodshot eyes the presence of alcoholic containers or drug paraphernalia in the vehicle slurred or difficult speech fumbling or other physical signs of intoxica...
Signature liability is when a person cannot be held contractually liable on a negotiable instrument unless his or her signature appears on the instrument. A signature on a negotiable instrument identifies who is obligated to pay for it. If it is unclear who the signer is, parol evidence can identify...
