Family & Health

Tax problems lending to family. Many people are happy to lend money to their loved ones, especially to children and grandchildren. But before stroking the check, review the tax rules. The tax consequences vary greatly depending on the terms of the... Read More

Section 455 for family and medical leave. Internal Revenue. Code Section 455 provides a tax credit for employers who provide paid family and medical leave to their employees. Eligible employers may claim the credit, which is equal to a percentage ... Read More

Alimony gap swells to new high. Discrepancies between the amount of alimony deducted by taxpayers and reported by its recipients increased by 38% in six years, to $3.2 billion for tax year 2016, the Treasury Inspector General for Tax Administratio... Read More

Tax tips for married couples. Married couples have three filing choices they can make. They may file married filing jointly, which is the most popular, due to the fact it lowers couples tax bracket the most in most situations, married filing separ... Read More

Family medical leave credit rules. The IRS has issued 34 questions and answers on new Section 45S, which was added by the law known as the Tax Cuts and Jobs Act, P.L. 115-97, to provide a general business credit for employers who provide paid fami... Read More

Social Security medicare part time work. These and your retirement are all linked together, and careful planning must be used to determine the best results for your retirement. For some Americans, retirement turns out to be a fleeting status. "We'... Read More