Gross income is defined at 26 USC §61 as “all income from whatever source derived.” The Tax Code goes on to exclude a number of items. Here are 50 sources of money and benefits that aren’t taxable for federal income tax purposes.
Read MoreYear: 2016
What To Consider Before Paying Christmas Bills With A Tax Refund Loan
Making last minute Christmas purchases? If you’re planning on paying your Christmas bills with your tax refund check, you may want to think again: the
Read More12 Days Of Charitable Giving 2016: Police Unity Tour
It’s the 12 Days Of Charitable Giving 2016. Today’s charity is the Police Unity Tour.
Read More12 Days Of Charitable Giving 2016: The Forge Initiative
It’s the 12 Days Of Charitable Giving 2016! Today’s charitable organization is The Forge Initiative.
Read More'Grinch' Charged With Stealing Toys From Charity To Promote Tax Business
“A Grinch.” That’s how the Polk County Sheriff’s Office described 38-year-old Tammy Strickland of Eagle Lake, Florida, who was arrested and charged with numerous crimes after authorities alleged she fabricated applications in an effort to steal toys from Toys for Tots.
Read More12 Days Of Charitable Giving 2016: Charity: water
It’s the fourth day of the 12 Days of Charitable Giving 2016. Today’s featured organization is charity: water.
Read MoreAs ITIN Numbers Expire, IRS Says To Renew Now To Avoid Refund Delays
Time is running out for many ITIN holders who need to file a federal income tax return in 2017 and want to avoid a long
Read More12 Days Of Charitable Giving 2016: Committee To Protect Journalists
It’s the third day of my 12 Days of Charitable Giving. Today’s charity: the Committee to Protect Journalists.
Read More12 Days Of Charitable Giving 2016: Cure Alzheimer's Fund
It’s day two of the 12 Days of Charitable Giving 2016. Today’s charity is Alzheimer’s Fund Cure (also known as “Alzheimer’s Disease Research Foundation”).
Read MorePortland Plans To Tax Companies Who Pay CEOs 100 Times More Than Workers
Portland will become the first city in the country to impose a surtax on companies whose chief executive officers earn more than 100 times the pay of their workers.
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