There are two types of bad-debts: business and non-business. A business bad debt expense arises from operating your trade or business, so it is pretty simple to spot. These deductions are deducted on Schedule C of an individual income tax return or on the applicable business income tax return.
A foreclosure is the legal process in which the lender attempts to recover the balance of a loan by forcing the sale of the property used as collateral for the loan. Foreclosure occurs when the homeowner is unable to make mortgage payments to the lender. A homeowner has a few options to avoid foreclosure.
If you’ve been to any #CoralGablesChamber event, it’s likely that you’ve had a conversation with our #EPGDShiningStar, Raquel Hickey, publisher
The question of liability for the actions of a third party has been litigated on several occasions in the state
Immigration Reform and Control Act of 1986 (IRCA) requires all employers to complete a Form I-9 to verify the identity
Unreported foreign accounts or income could trigger huge penalties and criminal liability in the U.S. The IRS has fined taxpayers
When a client purchases a life insurance policy, there is usually a fee attached to it, that is charged by
Litigation is not always complex issues with big payouts for the winning party. There are civil actions where the issue
What does it mean to be a Notary Public in the United States? A Notary Public (“notary”) is a state
What is a Foreclosure? A bank will usually foreclose on your house after you have failed to make four successive
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