ARE YOU REQUIRED TO FILE 1099S?
Article Highlights:
1099-MISC Filing Requirements
Independent…
MUNICIPAL BOND INTEREST
A term used for interest received on an obligation issued by…
MODIFIED ADJUSTED GROSS INCOME
Many tax deductions, adjustments and credits are phased out or…
PASSIVE ACTIVITY LOSS
In order to limit the tax benefits of tax shelters, the tax code…
ORIGINAL ISSUE DISCOUNT (OID)
Sometimes bonds are issued (sold) at a discount (thus the term…
WORKING ABROAD CAN YIELD TAX-FREE INCOME
Article Highlights:
Tax-Free Income from Working Abroad
Foreign…