For many taxpayers, determining residency can be as simple as indicating that you are a legal U.S. citizen. However, for those who are nonresident aliens, the tax implications are...
For those looking to purchase a home or other investment properties, using a tax lien auction can be a great way to purchase a property by paying the unpaid property taxes. However,...
When it comes to choosing the type of set up for your business, there are pros and cons to a limited liability company and a partnership. However, an S corporation or S corp can provide...
When you are a massage therapist, you are assisting others to reduce their stress levels. However, your own stress levels may go up when it comes to dealing with your taxes and the...
Being self-employed can bring a great deal of freedom, both professionally and personally. Along with that freedom, you are now responsible for handling all of your own expenses. By...
For many foster parents, tax time may be slightly confusing. This is because while you are responsible for the care and well-being of your foster children, the same credits and deductions...
Donating an old or used vehicle to charity is a win-win notion.You win simply because you not only get rid of a clunker for which you pay registration and insurance fees (and also,...
My rich uncle would say, Even if I purchased my daughter a $1M home, she would still not be able to afford it because of the real estate tax. Unfortunately, one of the most overlooked...
As a business owner, you have to wear many hats. You are responsible for the day to day running of the business. You need to keep your customers happy, but you are also in charge of...