The fourth of July is a day to remember the radical concepts (for 1776) that formed the foundation for the government of the USA. It’s also a time to remember how far we’ve gone in the 23 decades that have passed since 1776, in both good and bad directions. One of the bad directions is,...Read More
There are 5 tests that have to be met to claim someone as your dependent: Member of Household or Relationship Test: the person must live with you or be related to you. Citizen or Resident Test: must be citizen of U.S. or legal resident alien. Joint Return Test: the person must not file a joint return with anyone...Read More
TJ writes: “I got behind on my taxes in 1995 and 1996. I have just received a letter from IRS. They want me to pay $68,007 for 1995 and $4351 for 1996. There is no way I can come up with that kind of money. A friend told me there is supposed to be a...Read More
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