Article Highlights: Collecting Tips Tip Splitting Service Charges Record Keeping Employer Reporting Allocated Tips Anyone who collects tips must include those tips in their taxable income. […]
Article Highlights: Tax Loss for a Security Sold or That Is Worthless Proving Worthlessness Selling a Worthless Stock by Year-end Brokers May Accommodate Clients Capital Loss […]
Article Highlights: • Solar Credit • Plug-In Electric Vehicle Credit • Penalty for Not Having Health Insurance • Medical Deduction Restrictions • New Alimony Rules […]
Now that most tax refunds are deposited directly into taxpayers’ bank accounts, the dream of opening your mailbox and finding an IRS refund is all but […]