IRS Pub 15: Employer Payroll Tax Responsibilities
Navigate your federal payroll obligations with clarity. This guide breaks down the complete employment tax cycle for business owners based on IRS Pub 15.
Business and Accounting Technology
What Happens to a 1031 Exchange When the Owner Dies?
Explore the interaction between 1031 exchanges and estate planning. An owner’s passing can create unique tax advantages and challenges for heirs.
Is Shipping Taxable in Texas?
Learn the principles for applying Texas sales tax to shipping. How delivery charges are taxed depends on the product’s taxability and invoice details.
Alternate Valuation Date and Step-Up in Basis
Learn how the alternate valuation date offers a strategic option for valuing inherited property, balancing estate tax liability and the beneficiary’s future cost basis.
Are Commissions Taxed Differently Than Salary?
Explore how your total tax liability is calculated for both salary and commissions and why the amount withheld from your paycheck can often look different.
Do You Get Federal Income Tax Withholding Back?
Learn how the tax withheld from your pay is reconciled with your final tax liability, a process that determines if you receive a refund or owe more.
Florida F-1120 Corporate Income Tax Return Instructions
Navigate the Florida corporate tax process with confidence. This guide clarifies the F-1120 return, from state-specific adjustments to final submission.
Canadian RRSP Withdrawal Rules for Non-Residents
Access your Canadian RRSP funds as a non-resident. Understand the key tax considerations, from withholding tax to foreign tax credits, to avoid double taxation.
Is There a Capital Gains Tax in Singapore?
Understand Singapore’s tax approach to asset sales. While no capital gains tax exists, the nature of a transaction can determine if profits are taxable income.
501(c)(4) Political Activity Rules and Limits
Navigate the complex rules for 501(c)(4) political activity. Learn how to balance advocacy with the primary social welfare mission to ensure compliance.
Accounting for Capitalized Commissions Under ASC 606
Understand the shift in accounting for sales commissions under ASC 606. This guide clarifies the logic for capitalizing costs and their effect on financial reporting.
Are Charity Auction Items Tax Deductible?
A payment at a charity auction is often part purchase, part donation. Discover the principles for identifying the tax-deductible portion of your payment.
What Costs Are Included in Inventory?
Accurately calculating inventory value requires knowing which costs to include. Understand the principles for assigning expenses to products for correct reporting.
The Importance of Working Capital Management
Learn how balancing short-term assets and liabilities impacts operational efficiency, enhances liquidity, and supports long-term profitability.
Publication 4345: Taxability of Lawsuit Settlements
Understand the tax principles behind lawsuit settlements. Learn how the purpose of your award determines its taxability and what you need to report to the IRS.
How to Handle Delaware Statutory Trust Tax Reporting
For DST investors, this guide clarifies the tax reporting process, explaining how financial data from the trust integrates with your personal tax return.
Is the Backdoor Roth IRA Still Allowed?
The Backdoor Roth IRA remains a viable option for high-income savers. Learn the mechanics and tax considerations to properly execute this retirement strategy.
Rev. Proc. 99-32: Automatic Relief for a Late 754 Election
Understand the IRS guidance providing a simplified path for partnerships to correct a missed Section 754 election and secure a retroactive basis adjustment.
Do W-9 Forms Expire? Here’s When to Request a New Form
A Form W-9’s validity is indefinite until specific details change. Discover the key circumstances that require a new form to ensure accurate tax reporting.
What Is Fund Transfer Pricing and How Does It Work?
Discover the internal framework financial institutions use to isolate profitability, centralize risk, and align incentives across lending and deposit operations.