Due to the fact that this type of work can be quite complex, the job of an EA is often in high demand. In order to work as an enrolled agent, candidates m...

You need to have been married before January 1 of this year to file last year’s taxes jointly. So if you got married on December 31 of last year or earlie...

Look for the unnumbered box to the right of Box 7 Distribution Codes. The box is labeled IRA/SEP/SIMPLE. Examine the IRA/SEP/SIMPLE box to see if it is ma...

To meet the qualifying child test, your child must be younger than you and either younger than 19 years old or be a “student” younger than 24 years old as...

Most states that have parental responsibility laws have established the rule that parents can be held responsible for the acts of their child only until t...

There are certain situations when seniors must include their Social Security benefits in gross income. If you are married but file a separate tax return a...

If you legally change your name because of marriage, divorce, court order or any other reason, you must tell Social Security so you can get a corrected ca...

In most cases, the answer should be ‘yes’. If they are working for their employer from their living room via computer for say, three days per week, this i...

Spouses and civil partners are, under certain circumstances, exempt from the settlements legislation. The shares must be an ‘outright gift’, which means a...

S-corporations are pass-through entities. That is, the corporation itself is not subject to federal income tax. Instead, the shareholders are taxed upon t...