updates

Can you deduct office rent on Schedule C?

If you rent an office space for your business, you can deduct the cost of rent from your taxes so long as you are the person paying rent and you are not b...

Published: Apr 22, 2026

updates

How does a charitable lead annuity trust work?

A charitable lead trust works by donating payments out of the trust to charity, for a set amount of time. After that period expires, the balance of the tr...

Published: Apr 22, 2026

news

How long must stock be held for dividends?

Stock. You must have held those shares of stock unhedged for at least 61 days out of the 121-day period that began 60 days before the ex-dividend date. Fo...

Published: Apr 22, 2026

updates

Can you deduct your time charitable contribution?

The value of your time is never deductible as a charitable contribution. However, if the charity requires you to wear a special uniform when volunteering ...

Published: Apr 22, 2026

general

How does Washington have no state income tax?

Like residents, Washington businesses get to skip a state income tax. Instead, Washington imposes a “business and occupation” tax based on corporations’ s...

Published: Apr 22, 2026

updates

What is it called when people rent out their homes for vacation?

A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourist...

Published: Apr 22, 2026

updates

How do wedding photographers make money?

Most wedding photographers work freelance. As such, the typical salary is more about the photographer’s reputation, portfolio and ability to market her se...

Published: Apr 22, 2026

updates

What is the longest a US citizen can stay in Canada?

6 months How long you can stay. Most visitors can stay for up to 6 months in Canada. At the port of entry, the border services officer may allow you to st...

Published: Apr 22, 2026

general

Can moving costs be deducted?

You can deduct your unreimbursed moving expenses for you, your spouse, and your dependents. You can’t deduct expenses that are reimbursed or paid for dire...

Published: Apr 22, 2026

general

Does permanent disability pay more than Social Security?

When Does Disability Pay More than Social Security? Your PIA is the amount you’d receive if you were to qualify for disability benefits. It’s not that sim...

Published: Apr 22, 2026