Some groups are exempt from federal income tax under the tax code. One of these categories are not-for-profit organizations, or section 501(c)3 organizations, which refers to the section of the IRS co…
Oil Well Investing Can Give Tax Benefits for Business
When you're running your own small business, one of the best ways to increase your profitability is to find more ways to legally reduce your taxes. A common way to reduce small business tax is to …
Income Tax Contradiction for Illinois Civil Union Couple
Couples in civil union in Illinois are facing a problem when it comes to filing their income tax. Under Illinois law, couples in civil union, are considered as married. However, federal law does not c…
Amazon Will Dump Affiliates To Fight California Sales Tax Law
As per the new Californian sales tax law, having affiliates in the state is equivalent to having one's own presence in the territory. This is not well accepted by Amazon.com. Opposing the sales ta…