Is commission rebate from the buyer's Realtor to the buyer a taxable income? Transaction was done outside of the escrow and 1099-Misc (Box 7) was issued to the buyer following January. 1) is this taxable income for the buyer and 2) if so, is he responsible for SE taxes as well?

Which washer/dryer will qualify for an energy-efficient tax credit?

To my peers. Do you have concerns over the new RTRP(Registered Tax Return Preparer) testing and licensing? Do you have up to date information? Are any of you thinking of leaving taxes. What about you fincial planners that also prepare are you understanding the disclosure rules that efect everyone in the tax industry? Look for some great dialog.

If I'm participating in my employer's 401K plan, may I also set up a SEP-IRA for my self-employment income?

What are the best ways of spending money apart from spending just on shopping and entertainment? When can spent money be never regretted? Add your feedback please.

Can I claim child tax credit for my son born on December 31?

Can The IRS Revoke My Passport?

What are the some available defenses against product liability claims?