If you’re on the accrual method, you may be able to deduct vacation pay or unpaid salaries before the payment is actually made, so long as the employee’s ...

The Employment Training Tax (ETT) rate for 2019 is 0.1 percent. The UI and ETT taxable wage limit remains at $7,000 per employee per calendar year. What i...

Room and Board If your employer provides you and your family with meals and lodging, it’s taxable income unless it meets the IRS exceptions. There’s no ta...

Deciding what shares each of you have in the property – property is in my partner’s sole name If your joint home is in your partner’s sole name, then ther...

BOX 4 of IRS Form 1098-T reports adjustments made to qualified tuition and related expenses calculated in a prior year. The amount reported in Box 4 repre...

Say for example that Joan’s 2018 net earnings from self-employment (NESE) was $26630. That would exceed the annual earnings test limit by $9600 (i.e. $266...

The average survival was 16 months for patients receiving combined treatment and 11 months for those receiving surgery alone. The 3-year survival rate was...

The Internal Revenue Service allows you to deduct expenses that are ordinary and necessary for the operation of your business. However, if you are audited...

Reconnecting with an ex years later is very simple—and that’s why it’s always easier to reconnect when there’s some initial space between the couple. As l...

To that end, it resorts to the swap market by entering into an interest rate swap which involves the following: The firm receives LIBOR from the counterpa...