How Are C-Corp Owners Paid?

How are C-corp owners paid? Officers of C corporations are strictly paid on a salary basis. They may be able to obtain bonuses, but their primary source of income is their salary. In an S corporation, an owner can choose to take regular draws or distributions in addition to their normal salary. Read more on … Read more

The Meaning Behind Names: Smart, Genius, Glow, White, and Sparkle

Is smart a name? English: nickname for a brisk or active person, from Middle English smart ‘quick’, ‘prompt’ (Old English smeart ‘stinging’, ‘painful’, from smeortan ‘to sting’). This name is common and widespread throughout England, Wales, and Scotland. Read more on www.ancestry.com Any parent will find naming a child to be a significant occasion. You … Read more

Understanding the 220 Plug: What It Is and How It Works

What is a 220 plug? 220-volt outlets are the most powerful plugs that you’ll find in most residential homes around the United States. These plugs are meant for ovens, dryers and other high-powered appliances that you simply can’t power with a standard 110V outlet. Read more on modernize.com A 220 plug, usually referred to as … Read more

How Do Airbnbs Get Cleaned?

How do Airbnbs get cleaned? How do Airbnb cleaning services work? For most investors, hiring a housekeeper or maid service is the best way to handle Airbnb cleaning requirements. It allows you to focus more on the business side of your operation, while still ensuring your property is clean, sanitized, and ready for every new … Read more

Legal Executive or Lawyer: Understanding the Differences

Is legal executive a lawyer? Legal executives are fee-earning qualified lawyers who undertake similar work to solicitors, specialising in a specific legal area such as litigation or conveyancing. The day-to-day role of a legal executive is similar to that of a solicitor. Read more on targetjobs.co.uk Because the titles “Legal Executive” and “Lawyer” are frequently … Read more

How Cold is Too Cold for a Lawn Mower?

How cold is too cold for a lawn mower? Cold weather is notorious for making it difficult to start lawn mowers. Even in relatively mild temperatures of 50 degrees or so, you may find it hard to start your mower. If you’re having trouble starting it, the first thing you should do is check your … Read more

Maine Standard Deduction for 2020: What You Need to Know

What is the Maine standard deduction for 2020? The 2020 Maine personal exemption amount is $4,300 (up from $4,200), and the Maine basic standard deduction amounts are $12,400 (up from $12,200) for single and $24,800 (up from $24,400) for married individuals filing joint returns. Read more on taxnews.ey.com The standard deduction in Maine is a … Read more