Filing small business taxes for the first time can be challenging. Most people think they will have a huge tax bill, but also the sheer complexity of the ...

Yes, you can get a mortgage when receiving benefits. When assessing your mortgage application, a lender’s biggest concern is the amount and stability of y...

When you fill out an exemption application, the Marketplace will review it and determine if you qualify. The Marketplace will mail you a notice of the exe...

Employers are required to: Report wages by filing Form W-2 (Wage and Tax Statement) for each employee from whom income, Social Security or Medicare taxes ...

In 2015 the Justice Department and Gulf coast states reached a record civil settlement with BP that totaled over $20 billion, including a $5.5 billion civ...

All of your tax ID numbers, including: Your federal employer identification number (EIN) Your state tax withholding ID number. What procedures are needed ...

Rember that withdrawals from a 401K prior to age 59.5 are subject to a 10% early withdrawal penalty. The withdrawal will be reported as income on your tax...

There are several municipalities that still have rent control in effect. These include New York City, Nassau, and Westchester counties. Under rent control...

The Internal Revenue Service recognizes that, like theatre companies, independent film production companies that are organized to produce or present “dram...

Your IRA is subject to estate tax when you die and your beneficiaries will have to pay income tax as the assets are distributed from the IRA. But there is...