Category: News

What is employee separation?

Employment separation occurs when the employment contract or at-will agreement between an employee and his or her company comes to an end. Some terminatio...

What is tax cost basis?

Cost basis is the original value of an asset for tax purposes, usually the purchase price, adjusted for stock splits, dividends, and return of capital dis...

What is tax form W-4P?

Form W‐4P is for U.S. citizens, resident aliens, or their estates who are recipients of pensions, annuities (including commercial annuities), and certain ...

What is a disregard LLC?

A disregarded LLC refers to a LLC owned by a single member, according to the IRS. Unless a single-member LLC chooses otherwise, the IRS treats it as a sol...