Take a refresher course

  • August 07, 2006

Your kids are going back to school soon, so why not do the same? You can write off the cost of taking a course at a local college as a business expense, so long as it...

Installment sale to relative is allowed

  • October 31, 2005

Q: I own real estate that I plan to sell to my son through an installment sale. My CPA says this can't be done because we're related parties. Is this true? D.R.T., St....

Don’t get too close to your vendors

  • October 01, 2005

Close relationships between your organization and its vendors or partners probably are thought of as a good thing. But here are a couple of pitfalls you should know...

IRS won’t listen to hearing-aid write-off

  • August 22, 2005

Q: I've been a hands-on owner in a machine shop for the past 30 years. Because of the noise in the shop, I had to buy a hearing aid that cost me about $5,500. Can I...

401(k) rollovers: not always automatic

  • May 30, 2005

Q: My daughter is switching jobs in a few weeks. She's accumulated about $20,000 in her 401(k) plan. Does her employer have to automatically roll the money into a Roth...