The National Board of Revenue (NBR) has for a second time extended by a month the deadline for individual taxpayers to file tax returns. The deadline for individual taxpayers to file their tax ...

A wholly owned subsidiary is a separate company formed by a parent company, but the parent company owns 100 percent of the stock of the subsidiary. There are several tax benefits when a company ...

The deductions are documented on Internal Revenue Service Schedule C, which is filed with the small business owner's Form 1040. Workers ... part of the individual tax filings by the owner or ...

1. Withdraw Your Excess Contributions You won't face any penalties if you simply withdraw your excess contribution plus any income earned by the due date for your tax return, including extensions.

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage ...

Applying for innocent spouse relief if you owe extra taxes because your spouse underreported income on your joint tax return. Many settlement companies offer other tax and accounting services ...

Thomas is a native of upstate New York and a graduate of the University at Albany. As a member of CNET's How To team, he writes about the intersection of policy, information and technology, and ...