Category: Updates

Is K1 considered self-employed?

Generally, a taxpayer’s share of ordinary income reported on a Schedule K-1 from a partnership engaged in a trade or business is subject to the self-emplo...

Are condo units worth it?

Let’s cut to the chase: Yes, condos are a fine investment. You just don’t want to get a junky one that’s poorly managed. Don’t get us wrong: Buying a cond...

What are typical merchant fees?

Average credit card processing fees: 1.3% to 3.5% Payment network Average credit card processing fees Visa 1.29% + $0.05 to 2.54% + $0.10 Mastercard 1.29%...