Business and Accounting Technology

An overview of the federal historic tax credit, explaining the financial structure and the government review process for rehabilitation projects.

Learn about a unique trust structure for gifting to minors, designed to qualify for the annual gift tax exclusion by balancing asset control and access.

Your NYC tax liability as a Long Island resident depends on more than just your address. Learn how your specific work situation affects what you actually owe.

For Schedule C filers, correctly categorizing costs is crucial. Learn the boundaries of the office expense deduction and how it differs from other write-offs.

Our guide helps small non-profits understand the complete electronic filing process for Form 990-EZ, ensuring an accurate and compliant annual return.

For tax-exempt organizations, UBIT goes beyond the basic rules. Learn the key statutory modifications and exceptions that separate taxable from non-taxable revenue.

Understand how a business’s balance sheet is adjusted for tax rules and learn the critical impact these differences have on tax returns and owner basis.

Understand the process for an automatic change in accounting method. This guide details how to correctly use Form 3115 and DCNs for a compliant IRS filing.

Understand the structured relationship between bankruptcy and federal tax law, including how debt relief is balanced against future tax benefits and new filing duties.

Explore the residency requirements and state-specific tax laws that determine if a married couple can claim more than one homestead exemption.

The tax code provides a larger standard deduction for those 65 and over. See how your age and filing status combine to increase this potential tax benefit.

Understand the IRS filing requirements for partnerships with no income. While exceptions exist, the default rule often applies, even with zero activity.

Understand the requirements for contributing to an HSA with a PPO. Your eligibility is determined by the plan’s financial structure, not just its network type.

HR 5863 offers potential tax relief for individuals and businesses in specific disaster areas. Learn how this pending bill may alter tax rules and what to do now.

Discover the status of the pending US-Brazil tax treaty and how to manage current cross-border tax obligations using existing rules and agreements.

Understand the critical tax differences for non-taxable goods and services and how these rules determine a business’s ability to recover GST/HST paid.

A clear overview of California’s AFCI protection standards. Understand how CEC 210.12 impacts residential electrical work for safety and compliance.