Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to ...

The phrase “undocumented immigrant” is deeply misleading, if not outright inaccurate. It implies that there is a mass of ...

You don’t buy a sports team and hope to become wealthy; you’re a wealthy person and you buy a sports team,” said Eric Nemeth, ...

When Trump imposed tariffs during his first term, he cited authority under other laws, like the Trade Act of 1974 and the Trade Expansion Act of 1962. At one point he threatened to invoke the IEEPA to ...

With the 2025 tax season underway, Free File could be just what you need to get your taxes done early and only for $0.

Part one IN my February 3, 2025 column, I mentioned the 2025 budget of several government training institutions that were part of the P1.055 trillion budget allocated for the education sector in the ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...