Check 21 is a federal law that is designed to enable banks to handle more checks electronically, which should make check processing faster and more effici...

Although a chapter 13 debtor generally receives a discharge only after completing all payments required by the court-approved (i.e., “confirmed”) repaymen...

Product cost refers to the costs incurred to create a product. These costs include direct labor, direct materials, consumable production supplies, and fac...

Yes. If your office is in an apartment (or in a house you rent), you can deduct the portion of your rent and maintenance costs that relate to the space th...

Generally, benefits for surviving children stop when a child turns 18. Benefits can continue to as late as age 19 and 2 months if the child is a full-time...

$3,040 is the amount of hobby expenses you can deduct as an itemized deduction provided you had at least $4,000 in hobby income. What is the difference be...

Globe has recently launched the GoPay service – the first QR payments via smartphone in the Philippines for cashless transactions. GoPay is the newest fea...

Most charitable nonprofits that are recognized as tax-exempt have an obligation to file an annual information return with the IRS. (There are very few exc...

You can deduct your health insurance premiums—and other healthcare costs—if your expenses exceed 7.5% of your adjusted gross income (AGI). Self-employed i...

You can usually give notice at any time, unless you have a break clause or a tenancy agreement that says otherwise. The notice you give has to end on the ...