Married couples have the option to either file their federal tax returns separately or jointly. Some couples choose the Married Filing Separately option despite limiting their use of potentially valuable tax breaks such as the Earned Income credit, deduction of net capital losses, tax-free exclusion...
As a truck driver, you may spend most of your time on the road and feel that your truck is your primary place of business. However, when you’re not traveling, you need a dedicated place to serve as your home base where you can organize...
You or your business may qualify for exceptions to paying tax on canceled debt and may not have to pay. Creditors may offer debt forgiveness to debtors who negotiate the cancellation of their debt obligation. In cases of forgiven debt or canceled debt, the creditor gives...
In these troubling times when it’s hard to make ends meet, and we worry about the stability of our jobs, asking whether you’re still required to file taxes is a worthwhile question to ask. Each year, the IRS updates the contents of Publication 501 on the...
Born Michael Lawrence Tyler, Mystikal, is an American rapper and actor. His career began in the early 90s when he signed with Big Boy Records. Later, he signed with No Limit Records, releasing many albums. By the early 2000s, he’d already released four albums, including...
