Here are some basic guidelines: For single dependents who are under the age of 65 and not blind, you generally must file a federal income tax return if yo...

3921 is an informational form only. It is generally not entered on your tax return unless you then sold the stock, or if you could be subject to alternati...

If the buyout is an all-cash deal, shares of your stock will disappear from your portfolio at some point following the deal’s official closing date and be...

Yes, with the proper work authorization depending on the employment situation and status, Canadians can work in the USA. In order for a Canadian citizen o...

If you don’t itemize your deductions on your tax return, you won’t be able to deduct the property tax and interest expenses you incur from owning vacant l...

Sometimes all you need is an answer. By using a free tax advice service it can save you time and money, it can also make you realise that you may just nee...

Section 501(c)(3) is the portion of the US Internal Revenue Code that allows for federal tax exemption of nonprofit organizations, specifically those that...

You can also enroll in Medicare at any time that you are still working and have employer-based coverage. If you choose COBRA after you stop working, do no...

A share of a monthly pension paid as marital property to a former wife usually does not stop if she remarries. Alimony can be paid for a certain number of...

Before you can complete and submit a 1099, you’ll need to have the following information on hand for each independent contractor: The total amount you pai...