Author Archive

If your income is less than the standard deduction, you generally don’t need to file taxes. However, it is legal to file a tax return even if your income is below the IRS minimum requirement.   When

K-1 income is passive if it comes from business activities in which you do not actively participate. It is nonpassive if you are regularly involved in the operations of the activity. Investors often face the challenge of

Income distribution talks about how money spreads across a country’s people. In India, it’s a big topic. Let’s explore together! Income Inequality: What Does It Mean? Income inequality is when money isn’t shared equally in a place.