Yes. Although we prefer original signatures in ink, we will also accept scanned, copied and faxed signatures as well as original signatures in pencil. Doe...

Many employers are required to report the cost of an employee’s health care benefits in Box 12 of Form W-2, using Code DD to identify the amount. This amo...

You can give up more than one at a time. Giving up your citizenship or status only affects you and not any other members of your family – although it coul...

What is alimony? Alimony is financial support paid by one ex-spouse to the other after the marriage has legally ended. Alimony is also sometimes called sp...

When you sell a property for more than you paid, it’s called a capital gain. The IRS will then tax your capital gains. Homes get excluded from capital gai...

Flexi Benefit Plan – FBP is something which allows you to compute your own salary other than Basic. Usually companies now gives you a basic salary and rem...

Definition: A business whose primary office is in the owner’s home. The business can be any size or any type as long as the office itself is located in a ...

If you receive a Form 1099-MISC or Form 1099-NEC that reports your miscellaneous income, that information also goes to the IRS. If you don’t include this ...

Americans working abroad can exclude foreign earned income up to those limits if they qualify for the exclusion. However, the actual exclusion amount is p...

Yes, they can bust you for both. Selling without a permit and selling unlicensed merchandise. Some people still do it, but it doesn’t make it any less ill...