But it’s the Form 1099-C, Cancellation of Debt, that plagues people the most. When your lender forgives debt responsibility, you’re then obliged to pay ba...

If you need a copy of a past Form 941 that you have filed, you can request a copy through the Internal Revenue System. Each copy costs $57. How do I colle...

It is taxed on a pass-through basis, meaning it doesn’t pay taxes in its own right. In principle, an S corporation can have no employees. However, in prac...

If you work as an independent contractor with reportable income, you may qualify for PUA benefits if you are unemployed, partially employed, or unable or ...

The answer is usually no, but there are vital exceptions. Shareholders have an ownership interest in the company whose stock they own, and companies can’t...

gov”, use caution before opening attachments or clicking on pictures or links in the email. Currently, Social Security sends emails from [email prote...

As Nonresident Aliens, J-1 exchange visitors must pay federal, state and local taxes. J-1 visitors must file annual income tax reports with the Internal R...

Funds that you receive through a personal fundraiser on Facebook may be taxable. Note: If you raise more than $20,000 in donations from fundraisers on Fac...

Both the husband and wife need trust, loyalty, fidelity, and love in order for their marriage to work at all. The same goes for compassion, kindness, resp...

To calculate the six-year period, count backward from the current year due. If the IRS obtains managerial approval, you may be required to file unfiled re...