You may receive certain fringe benefits at work to compensate for commuting or parking costs, including direct reimbursements and transit…
The purpose of this article is to discuss tax deductions. The discussion will describe common itemized deductions, provide a comparison…
As a general rule, all the income you receive in the form of money, property, or services is subject to…
When filing your federal income taxes, you have an option to either take the standard deduction or itemize. The standard…
In general, for federal income tax purposes in the United States, a foreign person who is a resident is entitled…
You may have a property that you decide to rent out at less than fair market value, perhaps to help…
With the start of the New Year comes the beginning of tax season. Here are some frequently asked questions for…
If you are a resident of Alabama you are subject to state income tax on your income from all sources,…
For seniors, the Internal Revenue Service is divided into 2 parts: (1) The Good IRS and (2) The Bad IRS…
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