Capital gains are generally included in taxable income, but in most cases, are taxed at a lower rate. Short-term capital gains are taxed as ordinary incom...

What information do I need to provide on Form 990-N? Organization’s legal name. Any other names your organization uses. Organization’s mailing address. Or...

You can empty your items into bins at the store—no need for bags or boxes. Check your donated items! What is acceptable goodwill? Goodwill accepts donatio...

How to avoid the IRA early withdrawal penalty: Delay IRA withdrawals until age 59 1/2. Use the funds for large medical expenses. Purchase health insurance...

A Leasing Agent, or Residential Leasing Agent, is responsible for renting out housing properties and assisting tenants with their needs. Their duties incl...

Since the business owners then pay personal income tax on this money, many states do not tax S corporations. New York, however, is not one of these states...

It is illegal not to report your income to the Internal Revenue Service. Any income, even money from selling items on eBay, could be subject to taxes. Eve...

Unfortunately, your statute of limitations for claiming a refund has expired. You were required to file your return within 3 years of the return due date....

The only way to get an EIN Verification Letter (147C) is to call the IRS at 1-800-829-4933. Instead, the IRS will send you an EIN Verification Letter (147...

If you pay support to your ex-wife directly, you will pay her the monthly support amount based on the net pay you receive after all taxes and other deduct...