While a steady flow of payments may sound enticing, REIT dividends come with unique tax consequences for investors. These payments can constitute ordinary income, capital gains, or a return of ...

Taxpayers may be subject to the risk that an IRS examination could increase (or create) a gift tax or estate tax liability many years after a gift is made. Practitioners can help clients limit this ...

An LLC can opt to be treated like a corporation for tax purposes. In this case, the LLC files corporate taxes and any business deductions for workers' compensation are claimed on those forms.

There is no special federal day care tax form. H&R Block says most day care providers work as independent contractors, so you file taxes the same way any self-employed business owner does.

If you receive Social Security benefits, you probably know about the SSA-1099 or SSA-1042S tax form. Each January, the Social ...

Here you will find questions and answers to popular tax-filing topics. Updates will be made periodically to incorporate changes that may affect you during the tax-filing season. The CRA’s online chat ...

Former U.S. Rep. Charles Rangel of New York has died at age 94. The outspoken, gravel-voiced Harlem Democrat spent nearly ...

Taxpayers must attach a statement to their return to indicate their eligibility. Those unable to meet the June 16 deadline ...

The cells have spread to the bone, according to his office. What they're saying: "While this represents a more aggressive form of the disease, the cancer appears to be hormone-sensitive which ...

As we celebrate Mother's Day in May, it's a good time to look at the "pink tax" and how price disparities can impact some consumers more than others. While the “pink tax” isn’t a federal tax ...

A part of a Republican fiscal bill proposes a five per cent tax on all international remittances made by non-citizens in the US. With India receiving $32 billion in remittances from the US in FY ...

The usual suspects include the rapidly eroding and insufficient tax base; claims on the budget like defence and the care economy; intergenerational equity; and the distortion of GST distributions ...