To meet the qualifying child test, your child must be younger than you and either younger than 19 years old or be a “student” younger than 24 years old as...

As a real estate agent, you can deduct your vehicle mileage either by using a mileage method or by actual expenditures on your vehicle. The allowable rate...

While your children will continue to receive coverage, your ex-spouse will likely not meet the requirements. That said, the Consolidated Omnibus Budget Re...

Here are some of the most common options for people who owe and can’t pay. Set up an installment agreement with the IRS. Request a short-term extension to...

If you owe the IRS a balance, the penalty is calculated as 0.5% of the amount you owe for each month (or partial month) you’re late, up to a maximum of 25...

After all, according to the Board of Behavioral Sciences (BBS), prelicensed therapists can’t be independent contractors (see Business and Professions Code...

You MUST attempt all the FIVE (5) questions. 3. Enter your Student number and your National Registration Card number on the front of the answer booklet. Y...

Items to Take to Interview A government-issued photo identification such as a passport (even if expired) but can also be any other government-issued photo...

filing past due returns. guiding you in paying owed taxes. help you defray penalties like fines. negotiate so that IRS does not garnish your income or lev...

Health and accident insurance premiums paid on behalf of a greater than 2-percent S corporation shareholder-employee are deductible by the S corporation a...