If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Tax credits for homeowners don't require you to itemize. They directly reduce the amount of taxes you owe, and you can ...

Many successful business owners attribute some part of their success to their community. For some of these owners, it is not enough to ...

A custodial Roth IRA is a retirement account for minors that allows for tax-free growth. It provides all the benefits of a regular Roth IRA, but it’s geared toward kids and requires an adult to set up ...

For senior citizens, banks will now deduct TDS if interest amount exceeds Rs 1 lakh in a particular bank. However, with smart ...

Salaried taxpayers often face higher tax deductions at source (TDS) on their salaries despite having paid TDS or tax ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...