Uncle Sam will send you one or more copies of the 1099-B Form if you sell bonds, stocks, and other securities via a broker. This form aims to record gains or losses arising from such...
To help working parents cope with the rising costs of care, Congress approved the credit to care for children and dependents. The loan allows working parents to reduce their tax obligations...
This is a financial incentive from the government, part of the product of the Energy Policy Act of 2005. This Act is available to municipal utilities intending to promote renewable...
The Earned Income Tax Credit is a unique tax credit that is specifically given to taxpayers who earn low to medium wages. The credit was first introduced in 1975 in an effort to reimburse...
Many times when people get married, they are in great euphoria. They are often carried away by love and romance. No one in their right senses thinks of the impact of a spouse's...
On September 1, 2020, the IRS updated its procedures regarding the application of IRC Section 7502, timely remittance treated as timely filing, and payment of electronically arched...
The Roth IRA is a self retirement account in which money grows tax-free, and withdrawals during retirement are tax-free.Individuals who are at least fifty-nine and a half years old...
We live in a globalized world, which means that more U.S. alien residents and citizens are taking their money overseas for banking and investment purposes. While owning a foreign account...
Credit is one of the issues that bother consumers a lot. One day you have your credit score rating as "good," and months later, you dropped. You tried and tried to pinpoint...