If you’re self-employed or own a business, you may be wondering if it’s possible to get a mortgage. The short answer is yes, ...
Under the S-Corp classification, an owner-operator must be paid a “reasonable salary” through W-2 payroll and this salary is ...
Kiplinger shared audit red flags to avoid if you don't want to draw unnecessary attention from the IRS. The IRS receives copies of all the 1099s and W-2s you have, so be sure you report all required ...
A long list of other tax breaks, including the child tax credit, the American Opportunity Credit and the adoption credit, are tied to your modified adjusted gross income (MAGI). Your MAGI also ...
So, you’ve been holding onto your crypto, watching it grow, and now you’re thinking about taxes. Specifically, the crypto long term capital gains tax. It sounds complicated, right? Well, it can be, ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...
For the 2025 tax year, the maximum refund available through the EITC reaches $8,046, offering a huge financial leg up to ...
Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Investopedia / ...
Cambodia and South Korea have reached an agreement on three concrete measures to boost cooperation in fighting online scamming networks that have affected citizens of both countries , reported The ...
In response to the growing popularity of rally-inspired, middleweight adventure bikes, Kawasaki has decided that it’s finally time to throw its hat into the proverbial ring with the global reveal of ...