Individual Tax Identification Numbers: ITINs are for individuals who are not eligible to receive SSNs. As is the case with an SSN, an ITIN is not required...
When you turn 70, you can’t consider yourself middle-aged any more. Let’s face it, you’re wicked old. When do you turn 70 in the year you were born? That ...
Day traders, according to the IRS, are not investors. To qualify as a day trader, you have to approach buying and selling stocks and securities as a busin...
You can sell exclusively at events, online, or both. There are several retailers that allow nonprofits to create and sell their own t-shirts, such as Cafe...
Tax reform eliminates most miscellaneous itemized deductions. Starting in 2018 and continuing through 2025, taxpayers will not be able to deduct expenses ...
In most cases, the IRS takes part of your refund to pay for outstanding government debts you might owe. These include: Overdue federal tax debts. Past-due...
Federal law requires all employers to send employees W-2 statements no matter how low earnings or wages are. These W-2 statements can be sent in either pa...
Registering your business is a legal necessity. Even if your business is a tiny one-person operation, failing to register your business when you’re sellin...
There’s financial incentive for Americans to give generously to charity: when you donate to a 501(c)(3) public charity, including Fidelity Charitable, you...
The Department of Commerce Commercial Service provides a service, the International Company Profile Report, to help companies exporting U.S. goods and ser...