Category: Health

Do nonprofits have presidents?

The answer is yes, although most nonprofit corporation laws contain a requirement that one person is designated as the president. A nonprofit can have a p...

What is an IRS 1099 statement?

The 1099 form is a series of documents the Internal Revenue Service (IRS) refers to as “information returns.” There are a number of different 1099 forms t...

Is rent receivable taxable?

According to the Income Tax Act, rental income of a property is taxed under Section 24 in the hands of the owner, under the head ‘income from house proper...

Can you sell stocks in HSA?

Many health insurance providers have online tools to help you manage your HSA and set a cash target. Money you invest is still part of your HSA, and is av...