To claim your child as your dependent, your child must meet either the qualifying child test or the qualifying relative test: To meet the qualifying child...

The statute defining separate property specifically states that all property received during the marriage by “gift, bequest, devise, or descent” is consid...

Generally, you report any portion of a scholarship, a fellowship grant, or other grant that you must include in gross income as follows: If filing Form 10...

Definition of Nepotism Nepotism is a form of discrimination in which family members or friends are hired for reasons that do not necessarily have anything...

Financial assistance for residents: A not-for-profit CCRC provides mission-based care and sets aside funds to help people who may need financial assistanc...

First, check the school’s website to see if they have information about obtaining your transcript. Transcript information is often found on alumni or stud...

Certain alimony or separate maintenance payments are deductible by the payer spouse, and the recipient spouse must include it in income (taxable alimony o...

Work clothes are tax deductible if your employer requires you to wear them everyday but they cannot be worn as everyday wear, such as a uniform. However, ...

When you use the form IT-2104 Employee’s Withholding Allowance Certificate for your state and city taxes, you may claim as many allowances as are justifie...

The Short Answer. In short, residential property developers make their money by maximising the true value of the land they are working with. They do this ...