And if no return is filed, then 2 years from the date payment was made. Secondly, the IRS may refund only the amount of tax paid within three years plus t...

Messages for him “You have worked hard and deserve this promotion. “As you celebrate this achievement, wish you get to celebrate many more. “There is no o...

Yes, a US LLC can be owned entirely by foreign persons. Regardless of immigration status, the United States will allow foreigners to form a company as lon...

To take a deduction for depreciation on a rental property, the property must meet specific criteria. According to the IRS: The property’s useful life is l...

The act was a major overhaul of the U.S. healthcare system, reducing the amount of uncompensated care the average family pays for. Obamacare originally re...

The amount of a 401k or IRA distribution tax will depend on your marginal tax rate for the tax year, as set forth below; the tax rate on a 401k at age 65 ...

A 553 FICO® Score is considered “Poor”. It means you’ve had past payment problems, including collection accounts, judgments, bankruptcy or worse. With a “...

Can I use my Medicaid coverage in any state? A: No. Because each state has its own Medicaid eligibility requirements, you can’t just transfer coverage fro...

—since it is now theirs.” It is OK for them to reject the gifts and you can still feel good because you gave in the spirit of true unconditional, non-dema...

Any member of an LLC can receive a guaranteed payment — as long as the company’s operating agreement allows them. Be sure to clearly outline all payment s...