If you filed an extension for your 2013 tax returns, you bought yourself a little more time to finish the forms and get them submitted. But those deadlines are quickly approaching. Here they are: […]
When you file a personal bankruptcy case, the automatic stay is immediately effective. The stay is very beneficial for individuals who have been facing financial troubles for a while or who are facing a […]
The latest scam is phone callers impersonating the IRS and demanding payment. And it’s pretty tricky to know who is and isn’t legitimate. The IRS is a collection agency and like most other collection […]
Anything you receive as a tip is considered taxable income. Usually a tip is in the form of cash. But occasionally a tip may be in the form of something that is not cash, […]
If you or a child are receiving a scholarship or fellowship for attending a college or other form of higher education, there are a few tax tips to know in order to reduce or […]
Before filing for bankruptcy, an individual should carefully review his or her assets and compare them to the exemptions available under state and Federal law to protect those assets from the bankruptcy trustee and […]
For migrants or people living outside of their native country who are working abroad, participation in a foreign pension plan can complicate an already complicated tax scheme. Expatriates often run the risk of adverse […]
When you rent property, you have to report the income and pay any associated tax on it. But there is an exception – and particularly if you have a vacation or 2nd home, it’s […]
If you receive a distribution from a foreign pension plan or a foreign annuity, you may have to pay a U.S. tax on the distribution. Generally the taxable amount is the total amount of […]
Job hunting is becoming a norm in these roller-coaster economic times. Something that used to only be associated with high school or college graduation has now become something we all may have to face, […]