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W-2 Arrival: All You Need to Know about Tax Forms

W-2 Arrival: All You Need to Know about Tax Forms

If you were employed during 2023, you should receive your Form W-2 (officially known as the Wage and Tax Statement) from your employer soon since employers are required to send them out by January 31, 2024. If you were self-employed or worked on a contract basis with...
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...