Keyword: “non-taxable income” 391 related articles found
Key Tax Considerations for Inherited Estates

Taxation · 08/01/2025

Key Tax Considerations for Inherited Estates

This article thoroughly explains the tax handling process for a deceased person's estate, including how to complete the final income tax return and the responsibilities of the estate administrator. It also addresses important considerations for managing the deceased's assets and reducing the risk of identity theft, providing comprehensive guidance for relevant parties.

US Virgin Islands Guam Employer Tax Guide Released

Taxation · 08/13/2025

US Virgin Islands Guam Employer Tax Guide Released

Publication 80 – Circular SS is a tax guide designed for employers operating in the U.S. Virgin Islands, Guam, American Samoa, and the Northern Mariana Islands. It covers key topics such as income tax withholding, employer reporting obligations, and employee tax responsibilities. This resource helps businesses ensure tax compliance while supporting employee development.

Guide To Submitting Nonrefund Applications And Payments To The IRS

Taxation · 07/25/2025

Guide To Submitting Nonrefund Applications And Payments To The IRS

This article provides a detailed guide on which non-refund claims and payments should be sent to the IRS, including common forms and their submission addresses, ensuring that readers effectively manage their tax matters.

American Legal Network Releases Guide on US Immigration Process

Lawyers · 08/06/2025

American Legal Network Releases Guide on US Immigration Process

The operational guide of the U.S. Law Network provides detailed information for immigrants, non-immigrants, and green card applications, including required documents, form filling, and the application process, helping you navigate legal matters with ease.

Federal Tax Regulation Update Enhancing Tribal Government Taxexempt Status and Social Welfare

Taxation · 07/23/2025

Federal Tax Regulation Update Enhancing Tribal Government Taxexempt Status and Social Welfare

The U.S. Department of Treasury and IRS have issued new regulations stating that tribally-owned enterprises will no longer be treated as independent federal tax entities and will be exempt from federal income tax. Additionally, the new rules will allow tribal legal entities to qualify for energy credits, supporting economic independence and social welfare.

Tax Credit Benefits for Purchasing Qualified Used Electric Vehicles

Taxation · 07/23/2025

Tax Credit Benefits for Purchasing Qualified Used Electric Vehicles

Starting in 2023, purchasing eligible used electric vehicles will provide a tax credit of up to $4,000. Specific conditions and income limits must be followed to encourage more consumers to engage in environmentally friendly travel. This article provides a detailed analysis of the requirements and application process to help you maximize your tax benefits.

IRS Releases Guide for Verifying Electronic Tax Returns

Taxation · 03/06/2025

IRS Releases Guide for Verifying Electronic Tax Returns

The IRS requires taxpayers to enter their adjusted gross income (AGI) or a self-selected PIN for identity verification when e-filing. This article explains how to locate the previous year's AGI, offers preferred and optional methods, and emphasizes the necessity of using an identity protection PIN to ensure a smooth tax filing process.

IRS Form 1120SF Key for Settlement Fund Tax Reporting

Taxation · 08/13/2025

IRS Form 1120SF Key for Settlement Fund Tax Reporting

This article provides an in-depth analysis of the significance of Form 1120-SF within settlement funds as outlined in Section 468B. It elaborates on its key functions, including recording income, reporting deductions, indicating distributions, and clarifying tax responsibilities. The aim is to assist fund managers in achieving effective compliance and optimizing tax processes.

IRS Direct Pay Simplifies Tax Payments for Filers

Taxation · 08/12/2025

IRS Direct Pay Simplifies Tax Payments for Filers

The IRS Direct Pay service offers individuals and businesses a convenient way to make online tax payments. Users can securely pay various taxes, including income tax, healthcare payments, and estimated taxes. The system generates a confirmation number to ensure a smooth payment process, and users can promptly check and follow up if any issues arise.

Essential Guide for Nonresident Aliens How to Properly Complete the 1040NR Tax Form

Taxation · 07/23/2025

Essential Guide for Nonresident Aliens How to Properly Complete the 1040NR Tax Form

This article explains how non-resident aliens can correctly complete Form 1040-NR, including eligibility criteria and necessary schedules. It aims to help readers simplify the U.S. tax filing process and ensure compliance with legal requirements.

Master School A Model of Holistic Education

Education · 07/25/2025

Master School A Model of Holistic Education

Master School is a non-sectarian Catholic day school dedicated to offering a rich educational experience, including early childhood education, STEM programs, and outstanding sports and arts initiatives, fostering holistic development and innovation skills in students.

Key Strategies for Nonprofit Program Assistants to Succeed

Job Search · 08/07/2025

Key Strategies for Nonprofit Program Assistants to Succeed

This article outlines how to become an excellent non-profit project assistant, covering essential job responsibilities, salary levels, required skills and education background, as well as how to gain relevant experience through volunteer work and internships.

2018 Tax Season Statistical Data Analysis

Taxation · 07/21/2025

2018 Tax Season Statistical Data Analysis

Data from the 2018 tax season shows improvements in the number of personal income tax filings and processing efficiency compared to 2017. Electronic filings have increased, and visits to tax websites have significantly risen. The total number and amount of refunds have remained stable. These statistics provide important references for analyzing tax filing trends and public participation.

How To Obtain The Best Mortgage Rates A Comprehensive Guide

Loans · 07/22/2025

How To Obtain The Best Mortgage Rates A Comprehensive Guide

This guide provides seven steps to help homebuyers secure the best mortgage rates. It covers key strategies such as improving credit scores, establishing a solid employment history, making a large down payment, understanding debt-to-income ratios, choosing a 15-year fixed-rate loan, comparing multiple lenders, and locking in rates, offering practical advice for homebuyers.

Maximizing Your Tax Deductions Understanding The Benefits Of The Child Tax Credit

Taxation · 07/23/2025

Maximizing Your Tax Deductions Understanding The Benefits Of The Child Tax Credit

The Child Tax Credit helps families reduce their tax burden, with applicants needing to meet age, residency, and income criteria. Eligible families can claim the credit on their tax returns, with each qualifying child potentially receiving a full or partial credit. Additionally, there are other related tax credits available for families, further optimizing their tax liabilities.