You can save money on your taxes by hiring your minor children. For tax year 2024, your child under 18 can earn up to $14,600 working in your …

The IRS looks at three main categories to determine whether a worker is an employee or an independent contractor.

Behavioral Control

Facts …

What: A deduction is allowed for a business owner's qualified business use of the home. The deduction is limited to net income from the activity.

Who…

The Fantasy Sports Trade Association (FSTA.org) estimates that approximately 19% of Americans play fantasy sports.

Background:

An IRS memo …

Scammers are preying on unsuspecting taxpayers. Most of the scams are obvious (see the list of common scams below). None the less, taxpayers …

Not everyone gets a refund. Many taxpayers owe. It is important to make sure you file timely even though you may not have the money to pay to avoid …