Forbes contributors publish independent expert analyses and insights. Peter J Reilly is a Forbes contributor who covers taxes. This article is more than 7 years old. The battle over clergy housing ...
An employee's exemption certificate is used to determine federal income tax withholding and, in some cases, state and local income tax withholding. The Internal Revenue Service administers federal ...
Despite the inevitability of taxes, there are ways to reduce the burden of taxation. Whether you are working on business or personal taxes, or preparing taxes for a client, if you are a tax preparer, ...
Thomas Jipping is a senior legal fellow in the Edwin Meese III Center for Legal and Judicial Studies at The Heritage Foundation. The Internal Revenue Service has a rule allowing ministers to exclude ...
Let's see if we can clear up the confusion surrounding the terms "standard deduction," "itemized deduction," and "exemption." What are the differences and which ones should you choose? Let's take a ...
House Rent Allowance is a significant portion of the salary. Many salaried individuals look for ways to save tax, and HRA can help in saving income tax. HRA is given by an employer so that an employee ...