Accounting Concepts and Practices

Understand the factors for claiming the Arizona standard deduction. This guide helps you determine the best option to reduce your state taxable income.

This guide clarifies a partnership’s obligations for Schedule K-2, covering the data required for reporting and the procedures for filing with Form 1065.

Learn how to properly deduct a UTV for your business. This guide covers the key IRS requirements for writing off the vehicle’s purchase and operating costs.

Understand the educational standard for CPA licensure. This guide covers the academic strategy behind the 150-hour rule and its state-by-state application.

Understand the purpose of Line 29 on the NJ-1040. This guide helps New Jersey homeowners and tenants correctly claim the state’s property tax benefit.

Navigate Florida’s corporate income tax requirements by learning the state’s unique calculation for apportioning income from multistate operations.

Gain a clear understanding of the property tax framework in Puerto Rico, from its role in municipal funding to a property owner’s key responsibilities.

Understand the IRS rules for structuring a car allowance as a non-taxable reimbursement instead of taxable wages through proper expense documentation.

Hiring subcontractors involves more than a handshake. Understand the necessary documentation to ensure financial clarity and legal protection for your business.

Understand the distinct timeframes the IRS has to review an ERC claim and the separate deadlines a business has to file for the credit.

EPD’s tax reporting differs from typical stocks. Understand why its MLP structure results in a Schedule K-1 and how this affects your tax obligations.

While annuity payments are considered income, not all of it is necessarily taxed. Learn how your initial investment determines the taxable portion of your payments.

The tax on a $45,000 salary isn’t a single number. Learn how your personal circumstances and financial profile determine your final tax obligation.

Learn how UK tax rules govern pension contributions. This guide details how your personal and financial circumstances determine how much you can save tax-efficiently.

This guide provides a clear overview of Delaware’s tax reporting calendar, covering the specific due dates for both individual and business tax obligations.

Understand the trade law provision that enables tariffs based on national security and the mechanisms available for specific product relief.