Based on your income and filing status, your contributions to a qualified 401(k) may lower your tax bill more through the Saver’s Credit, formally called ...

Yes. It is surprisingly easy to do so. The IRS even has a form for turning in suspected tax cheats: Form 3949-A, Information Referral. The IRS also explai...

Trade Shares between Shareholders One way for an individual shareholder to change her ownership percentage in an S-corporation is to buy shares from, or s...

Self-employed individuals will report their mileage on the Schedule C form. In addition to providing the number of miles driven during the tax year, you’l...

Only 3 steps to E-File form 1099 FREE REGISTRATION. Simply click on “REGISTER” and start entering your filing information. ENTERING THE 1099 DATA. It take...

When a married couple separates or divorces, both spouses usually have an equal right to stay in the family or matrimonial home. Usually, you’re not allow...

Generally, the IRS can include returns filed within the last three years in an audit. If we identify a substantial error, we may add additional years. We ...

Chapter 7 bankruptcy is a liquidation where the trustee collects all of your assets and sells any assets which are not exempt. (see Oregon Non-Dischargeab...

If you are single you can probably live decently in New York City in such a salary, but not particularly well, unless you are easily contented. you’d be a...

Self-Employment Taxes Sole proprietors must pay the entire amount themselves (although they can deduct half of the cost). The self-employment tax rate is ...