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When you own more than one business, you need to consider the grouping rules that apply for passive-loss purposes. Should one of your businesses lose money, you may not deduct the losses from that...
If the average period of rental is less than 30 days, you likely have a choice—either claim the income and expenses on Schedule C, or claim the income and expenses on Schedule E. When Is Schedule C...
How do you multiply your net worth? Let the government help. (Stay with me here!...) Here’s how: with both the SEP IRA and the solo 401(k) retirement plans, your investment in your tax-favored...