Business and Accounting Technology

Learn the purpose and mechanics of the estimated tax system, designed to help individuals proactively manage their annual income tax liability.

Learn how 529 plan rules treat college costs like parking. Discover the key difference between a mandatory fee and a separate, personal expense.

The information in Box 12 of a W-2 provides important context for your earnings, often reflecting amounts already excluded from your taxable income.

Navigate the FBAR filing process with confidence. Learn about the reporting timeline and what you need to prepare for a timely electronic submission.

Your Texas bonus is taxed differently than regular pay. Learn how federal rules for supplemental income affect your net pay and your annual tax return.

Learn the formal process for removing an IRS lock-in letter by demonstrating sufficient withholding and submitting a request to regain control of your payroll taxes.

The check-the-box regulations allow certain businesses to choose a federal tax classification that is separate from their legal entity structure.

Explore how employer contributions to a Dependent Care FSA work, including their effect on the combined annual limit and the tax implications for all parties.

Understand the relationship between 501(c)(3) status and the 509(a)(2) public charity classification, which is determined by an organization’s funding sources.

Understand the tax principles of original issue discount (OID), where accrued interest is taxed annually, and how basis adjustments prevent double taxation at sale.

Understand the full financial commitment of car ownership in Missouri, from the initial tax calculation to recurring annual costs based on your county.

Understand how self-employment tax funds Social Security and Medicare. This guide covers the complete tax cycle, from liability calculation to its impact on your return.

Learn the key financial rules governing a Dependent Care FSA. Understand how this pre-tax benefit can impact your taxes and help you pay for care.

An IRS Notice CP210 indicates a change to your tax account. Learn how to interpret this adjustment and follow the correct process for your response.

Explore how Idaho and Washington’s distinct tax structures affect your personal finances, homeownership costs, and business revenue.

Understand how to use education costs to reduce your tax bill. This guide clarifies IRS requirements for qualifying expenses and the process for claiming benefits.

Gain insight into the state tax framework for multi-entity corporations, focusing on how business integration determines a group’s combined tax liability.