The possibility of winning the lottery is an exciting prospect for many, and it can be a life-changing event for the lucky few who do win. For individuals who have formed an LLC in Ohio, the question of whether the…
Matthew RusselSeptember 18, 2025
Health Savings Accounts (HSAs) are an increasingly popular healthcare savings option that offer significant tax benefits to those who are eligible to contribute. For those unfamiliar with HSAs, they are tax-advantaged savings accounts that are specifically designed for individuals with…
Matthew RusselSeptember 10, 2025
Tutoring students in your home can be a great way to earn extra income while sharing your knowledge and skills with others. However, as a tutor, you may be wondering if you are required to pay taxes on the money…
Matthew RusselJuly 22, 2025
Cryptocurrencies have gained significant popularity in recent years, and as their use and value have grown, governments around the world have been working to develop tax regulations to ensure proper taxation of these digital assets. In Canada, the taxation of…
Matthew RusselJuly 19, 2025
Investing in the stock market can be an exciting and potentially lucrative venture. However, it is crucial for investors to understand the taxation aspects associated with stock investments to ensure compliance with Canadian tax laws and optimize their financial outcomes.…
Matthew RusselJuly 12, 2025
The Employees' Provident Fund (EPF) stands as a cornerstone in many nations' labor frameworks, safeguarding employees' financial security and stability post-employment. However, the question arises: can employers access and scrutinize an individual's EPF history? Understanding the implications of this inquiry…
Matthew RusselJune 16, 2025
Selling a business is a pivotal moment for any corporation, often representing the culmination of years of hard work, dedication, and strategic planning. However, amidst the excitement of a successful sale, the looming specter of taxes can significantly impact the…
Matthew RusselSeptember 1, 2025
When it comes to reporting income, the IRS has established various forms and guidelines to ensure accurate reporting and tax compliance. One such form is the 1099, commonly used to report different types of income, including gambling winnings. However, there…
Matthew RusselMay 18, 2025
