Meet Joe and Amy. Joe owns an online iPhone repair company and Amy sells adorable crocheted animé elephants on Etsy. Do they need tax ID numbers for their online businesses? Let’s find out. The phrase
Tag : Taxes
Do you have to pay income tax on the stuff you sell on eBay? The answer is yes — depending on how you ask the question. If you ask, "Am I legally obligated to pay
In 2012, New York City Mayor Michael Bloomberg was big on promoting public health. He successfully pushed to ban smoking in public spaces, and then he went after artificial trans fats, which are known to
Nobody likes paying taxes. OK, maybe billionaire investor Warren Buffet doesn’t mind kicking up a share of his earnings to the government bean counters. For the rest of us, the idea of turning over a
Rich people, it seems, get away with everything. They live charmed lives jetting around on private planes that whisk them to exotic locales where they lounge on luxury yachts and nibble Beluga caviar. They don’t
"You can deduct that." "You can write that off." "Deductible expenses." You’ve probably heard these phrases a hundred times. But what do they mean? What are tax deductions and how do they work? And why
Deep in the 420-plus pages of the tax reform bill that Republicans are trying to squeeze through Congress are a few lines that would allow some tax-exempt organizations like churches and charities to endorse or
Just a few days before Christmas 2017, the U.S. Congress, cheered on by President Donald Trump, passed the biggest tax overhaul in decades, packaging it as a gift to all Americans. Highlights of the tax
