Office fitness and health While you can’t deduct gym memberships for employees, if you own and maintain an office gym, then you can deduct those expenses,...

You don’t charge your customer tax. You then collect state sales tax, plus any local tax, from your customer on the amount you charge for the materials an...

Points are allowed to be deducted ratably over the life of the loan or in the year that they were paid. You can deduct the points in full in the year you ...

The child tax credit is worth up to $2,000 for the 2020 tax year, for those who meet its requirements. Having dependent children may also allow you to cla...

Flipping (also called wholesale real estate investing) is a type of real estate investment strategy in which an investor purchases a property not to use, ...

With these broad criteria in mind, the SSA recognizes several categories of mental illness which may be considered for Social Security Disability. Organic...

If a VC fund invests in an LLC that engages in a U.S. trade or business, however, the operating income from the LLC flowing through the VC fund to investo...

PayPal charges 2.9%, plus a fixed fee of 30 cents to process a person-to-person money transfer using a credit card. PayPal does not charge this fee for pe...

The public can now file a Tax Evasion Petition through a link on the e-filing website of the Department under the head “File complaint of tax evasion/undi...

A lawful permanent resident (a foreign-born individual with a green card) may petition to bring their child to the United States, depending on the child’s...