Here are some ideas to keep in mind: Take care of yourself. Grief can be hard on your health. Try to eat right. Some widowed people lose interest in cooki...

The cents per km method of claiming motor vehicle expenses can be a lucrative claim, but you can only claim up to 5,000kms. Interestingly, the 5,000kms is...

Tax-friendly factors in Arizona cited by Kiplinger include a modest income-tax rate that tops out at 4.54 percent, no inheritance taxes or estate taxes, a...

Should proceeds from stock sales appear on w2 and then also a 1099-B? Yes, on the W2 the amount is reported in box 12 with “V”. on the 1099-B, it has a bi...

Even if you have no other qualifying deductions or tax credits, the IRS lets you take the standard deduction on a no-questions-asked basis. The standard d...

The Tax Implications of Joint Bank Accounts If the interest of a connected joint account and fixed deposit is more than Rs.10,000 per year, the primary ac...

To claim your child as your dependent, your child must meet either the qualifying child test or the qualifying relative test: To meet the qualifying child...

Through tax-exemptions, governments support the work of nonprofits and receive a direct benefit. Nonprofits benefit society. Nonprofits encourage civic in...

Employees Not Covered Under the Payment of Gratuity Act The amount of gratuity payable to the employee can be calculated based on half month’s salary for ...

A “separate maintenance” case addresses all the same issues involved in a divorce, except the parties do not actually get divorced. At the end of the case...