In Illinois, if you fall behind in paying your real property taxes, the county collector can start a lawsuit in court to get a judgment and order of sale....

Congress specified, and the IRS clarified, that forgiven PPP loans will not count as income. This applies whether your entire loan is forgiven or just a p...

2 to 3 days Direct Deposit payments will generally be deposited 2 to 3 days after the IRS confirms income eligibility for the payout. Physical checks will...

When an employee is terminated on the grounds of serious misconduct, the employer doesn’t have to provide any notice of termination. However, the employer...

As we already mentioned, tax liens can be filed against both personal and business assets. If you’re business is run as a sole proprietorship, as far as t...

Well financial transactions involving money (such as transfers) are exempt for VAT purposes. That is, VAT is not charged on the transaction. What happens ...

Pick the right annuity A single-life annuity provides the largest monthly payment but pays only during your lifetime. A joint-and-survivor annuity pays yo...

Individuals who lost their portion of stimulus payment due to a spouse that owed debt can file for injured spouse relief to get their portion of the stimu...

PPP loans and EIDL of $25,000 or less do not require collateral or personal guarantees, so in the vast majority of defaults on these small loans, business...

The definition of retro pay (short for retroactive pay) is compensation added to an employee’s paycheck to make up for a compensation shortfall in a previ...