Business and Accounting Technology

Understand the taxpayer’s right to a lien release per IRC 6325(a) and the IRS’s duty to act once the underlying tax liability is satisfied or secured.

Navigate the compliance requirements for Form 8858, the information return for U.S. persons with Foreign Disregarded Entities or Foreign Branches.

Review the annual inflation adjustments to the U.S. tax code. Understand how these changes can affect your income, investments, and long-term financial plans.

Child support’s role as income is not straightforward. Understand how its financial classification changes depending on who is evaluating the funds.

Understand the tax strategy of gain deferral, where the tax on a profit is postponed. Learn the core accounting principles and IRS reporting requirements.

Understand the role of Form 1099 in the tax process. This guide clarifies the reporting obligations for businesses and the tax implications for recipients.

Understand the mechanics of IRC 280g, from the 3x base amount threshold test to calculating the specific nondeductible portion and individual excise tax.

The concept of a luxury tax has shifted from a single federal law to various state and local rules. Learn how these taxes are applied to certain assets today.

Learn the tax implications of owning ETFs. Understand how capital gains are generated when you sell or from the fund, and the mechanics of their tax efficiency.

Early pension access before 55 is possible under strict, legally defined conditions. Understand the official process and significant financial implications.

A major tax exclusion on home sale profits exists, but qualifying isn’t automatic. Understand the IRS eligibility tests and how to calculate your home’s adjusted basis.

Understand the distinction between an expense for a minor’s benefit and a parent’s support obligation when using funds from a UTMA account.

Learn the correct placement for self-employed health expenses on your tax return. It’s not a Schedule C deduction, but other strategies can maximize savings.

Employee stock awards have very different financial outcomes. Learn the critical distinctions in tax liability, personal cash flow, and risk for your equity plan.

Understand the tax treatment of life insurance under IRS Code 101(a). This guide clarifies the general tax-free rule and how it can be affected by a policy transfer or payout choice.

Correctly reporting royalty income depends on a key distinction. Learn how to classify your income to determine your tax obligations and filing steps.

Understand the multi-layered tax structure for high-income earners, including how federal and state tax systems combine to shape overall liability.

Learn how Oregon’s income tax is calculated, from using federal AGI as a baseline to applying the state-specific adjustments that determine your liability.