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Can I Claim My Girlfriend or Boyfriend as a Dependent?

Can I Claim My Girlfriend or Boyfriend as a Dependent?

Under tax reform, you can no longer claim a dependent exemption beginning with tax year 2018, but you still need to know who qualifies as your dependent for other tax benefits like the  Other Dependent Credit worth up to $500 for dependents who are considered...
Bonus Tax Calculator: Estimate Federal Tax Withholding

Bonus Tax Calculator: Estimate Federal Tax Withholding

If you received a bonus you’re likely curious about taxes. You might be asking, “how taxes are withheld from your bonuses when you receive them?” Receiving a holiday bonus is exciting, but it can be confusing to calculate your bonus tax. Learning how your bonus is...