If you are enclosing a payment with Form IT-370, mail to: Extension Request, PO Box 4125, Binghamton NY 13902-4125. If you are not enclosing a payment wit...

First Draw PPP loans can be used to help fund payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worke...

If you have let out your house property and are earning a rental income, then you can claim deduction of the home loan interest paid on such property from...

The recently-enacted Tax Cuts and Jobs Act of 2017 included a provision to allow HVAC products to be immediately expensed. Under Section 179, all componen...

The law recognises a duty to support a child over 18 that has a physical or mental disability and can make a parent pay maintenance that is necessary to f...

As an independent contractor, you can legally claim a wide range of costs as non-taxable business expenses. On the other hand, if your contract defines yo...

If you’ve sold your house with nowhere to go you should step up your search for a place to buy, but at the same time find somewhere to rent. If you don’t ...

The issue of the self-employed status of associate dentists is also very much a hot topic at the moment – in particular, with a review HMRC has been condu...

The IRS announced that the new tax law requires your entire 2017 tax refund to be helduntil February 15 if you claim either of these tax credits: Earned I...

If you are the annuitant’s spouse, you can roll all assets from the qualified annuity into another plan and treat it as your own. This also includes a 401...