You can deduct your health insurance premiums—and other healthcare costs—if your expenses exceed 7.5% of your adjusted gross income (AGI). Self-employed i...

about three to four months Write a letter requesting reasonable cause abatement, or send Form 843, Claim for Refund and Request for Abatement. The IRS dec...

However, to receive these generous credits, donors must be able to prove that they made a donation to a registered charity. For this purpose, a donation r...

If you have filed Form I-485, Application to Adjust Status, you generally are not confined by the restrictions on your non-immigrant visa. You have the ri...

My wife and I sold our main home in 2019 which we lived in since the late 90’s, and never rented. No 1099-S was completed or sent in to IRS. Gains from th...

The communities who live in urban informal settlements are diverse, as are their environmental conditions. Characteristics include inadequate access to sa...

It’s important to know that wire transfers, both domestic and international, are subject to bank scrutiny. Banks must report all wire transfers over $10,0...

A Taxpayer Identification Number (TIN) is required by the federal government for reporting purposes. A TIN can be a Social Security Number (SSN) or an Ind...

As long as you have the correct information, you can put it on your tax form without having the statement in hand. The one exception is the 1099-R, which ...

A legally married spouse has automatic rights to their deceased spouse’s property. If a common-law spouse dies dies without a Will, or does not adequately...