After legal or legal separation, the parties may reunite Legal separation is a period prior to divorce. This is a period of separation ordered by the court before divorce proceedings can be initiated. According to all personal status laws, the legal period of separation is one year. Under the Indian Divorce Act of 1869, … Read more…
Make sure all business financing accounts are segregated from personal funds. The asset mix often negates the liability protection of limited partnerships or partnerships. As a last resort, the IRS Business and Specialty Tax Line will provide the number to company representatives after asking them several security questions to confirm the identity of the … Read more…
At all levels — federal, state, and local authorities — agencies are often underfunded and understaffed. There are often too few inspectors to find more than a small percentage of violations, and not enough enforcement officers to deal with violations once they are found. While law enforcement agencies are primarily concerned with preventing and … Read more…
After the winding-up order is issued, the directors are generally required to assist the official receiver to review the affairs of the company in order to assist in the liquidation of the Ltd. company. • The company cannot pay its debts• Enough shareholders (75% based on share value) agree The disadvantages of dissolving a … Read more…
A futures contract or futures contract is an agreement used in the trading of futures or commodities. Under a futures contract, someone agrees to buy or sell a commodity or asset at a specific price at a specific time. The buyer essentially sits on the hook to buy the asset once the futures contract … Read more…
A third option is not to sell and rent the property instead of living in it. However, this can be a bit tricky as there are still tax rules that you need to be aware of. An inherited home that is treated as investment property for tax purposes is still subject to capital gains … Read more…
We know that the idea of raising taxes causes most people to walk out of the room screaming. And while there are certainly ways to make paying taxes easier, it`s still something most people prefer to avoid. Individuals considered adults or dependants are required to file a tax return in certain situations. The filing … Read more…
Lexington Law does not provide any initial guarantee or estimate of the time required to repair your loan. Lexington Law`s services have a personalized analysis method, which is performed individually in each case. In this way, each customer receives the necessary advice without spending too much. As with any legal matter, Lexington Law cannot … Read more…
If you plan to hire workers directly as part of your construction business, you`ll need three main forms of insurance: workers` compensation, unemployment, and state disability insurance. However, many construction companies still need off-site space to build or store inventory and equipment. The U.S. construction industry was worth $1.36 trillion in 2020. Total expenses … Read more…
The bill failed in a committee vote and did not pass the legislature, although prostitutes and other industry players have expressed support for a tax. Republican Gov. Jim Gibbons had previously expressed his disapproval of the law, telling NPR, “I`m not a supporter of legalizing prostitution in Nevada. Taxation recognizes legality. And that`s all … Read more…