If you are a parent and take care of your child who receives Social Security benefits and is under age 18, you can get benefits until your child reaches a...

Landlords who ask to see your passport, drivers license and/or notice of income tax assessment are trying to confirm your identity, address and income. Al...

A taxpayer may give you their PIN verbally; however, you must receive a completed Form 8879, IRS e-file Signature Authorization, from the taxpayer before ...

All states allow one person to create a corporation, and all corporations, regardless of the original number of owners, can sell shares. Why would a corpo...

The expression “hold the X” is used when ordering food in a restaurant to say that you don’t want X, even though it would usually be included. What is the...

You must file in both states. Your home state of Oregon can tax ALL your income, regardless of where you earn it. California can tax you as a non-resident...

Restricted stock is given by a corporation, while common stock can be bought and sold at any time. This makes the recipient of the stock liable for income...

Can my spouse and I change our filing status from married filing jointly to married filing separately? Yes, even if you’ve filed jointly for years, you ca...

Failure to pass the public support test will result in your nonprofit having its public charity status retroactively reverted to private foundation. Even ...

Your capital gain is calculated using the holding period of the oldest shares being sold, even if you’re selling a mixture of long-term and short-term sha...