If you and your spouse acquire rental property during the marriage , then it is considered marital property regardless of how the property is titled. If d...

Corporate officers An officer of a corporation is generally an employee, but an officer who performs no services or only minor services, and who neither r...

It is commonly believed that you do not have to report your earnings unless they meet or exceed $600. However, this is a common misconception. The $600 th...

Public Act 100-0465 created the Invest in Kids Act (35 ILCS 40/1). This Act allows income tax credits for taxpayers who make authorized contributions to a...

The American Recovery and Reinvestment Act provides for a one-time payment of $250 to Social Security and Supplemental Security Income, or (SSI) beneficia...

For example, a stroke on the left side of your brain can affect movement and functionality in the right side of your body – and vice versa. It is possible...

In order to take initial seed money and grow it into a substantial nest egg for use toward those longer-term charitable purposes, nonprofits are allowed t...

A good investment you can make with your 5,000 pesos will be trying out direct stock market but investing only on blue chips stocks. These stocks are from...

Meals with employees or business partners are only deductible if there is a direct or indirect business purpose. Meal expense that are 100% deductible: Re...

Types of Licenses A residential builder is approved to build residential structures, and structures that house both residential and commercial facilities....