You can take one exemption for yourself unless you can be claimed as a dependent by another taxpayer. If another taxpayer is entitled to claim you as a de...

Your toddler is 21 months old! What is 21 months for a baby? She’ll start to do new things, progress in her abilities in others, and reveal more of her pe...

My sister Jenny passed away February 7, 2019 at 3pm in the afternoon. Jenny was admitted into the hospital with type A Flu. They almost lost her about 7 t...

Overseas Taxpayers Can Use IRS Free File to Prepare and E-File Tax Returns. The Internal Revenue Service (IRS) advises that U.S. citizens and resident ali...

You should receive Form 1099-SA in the mail. You do not need to submit it when you file your tax return, but you should hold onto it for your records. Whe...

Under the F1 program, international students are not allowed to own a business. This means that international students cannot earn revenues or salary deri...

American slang…. Tryin’ is basically an informal version of “trying.” What is a figure person? Someone who is referred to as a figure of a particular kind...

Prior Year Returns – MeF allows filing of prior year 1040 returns. As a new tax form type is added to the MeF platform, tax returns will be accepted for t...

In order to make sure that your 1099-MISC forms are timely, you must return them to your vendors or contractors before the end of January the following ye...

In brief, section 116 of the ITA provides that a non-resident seller may notify the Canada Revenue Agency (CRA) of a proposed disposition of property, suc...