Money received on a covenant not to compete is taxable as ordinary income to the seller in the receipt year, whereas goodwill is taxed to the seller at ca...

The quantum of leaves that can be carried forward should commensurate to the one provided under the applicable law. Any person appointed as an apprentice ...

Form 540 is used by California residents to file their state income tax every April. This form should be completed after filing your federal taxes, such a...

7.5% You may deduct only the amount of your total medical expenses that exceed 7.5% of your adjusted gross income. You figure the amount you’re allowed to...

Be sure to provide organized, logical, and well-thought-out answers, no matter what type of questions you’re asked. Provide details, not quick, off-the-cu...

Generally, the amount subject to self-employment tax is 92.35% of your net earnings from self-employment. You calculate net earnings by subtracting ordina...

How to Set Up Autofill in Google Chrome Click the Chrome button in the upper-right corner of the browser. Choose Settings. Scroll all the way down and cli...

Do you have to own a home for 5 years to avoid capital gains? No. Under federal law, you have to have owned your home for at least two years within the pa...

To receive money by wire, you’ll need to provide your bank account information to the person or business sending money. Ask your bank for incoming wire in...

If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If ...