Business and Accounting Technology

Understand how your Social Security Benefit Statement (SSA-1099) connects to your tax return and what is needed to accurately report your benefits.

Understand the journey your paycheck takes before you receive it. Learn how the deductions on your W-2 form impact your taxable income and your annual tax filing.

Understand the requirements for filing Schedule M-3, the tax form used to report and reconcile book-to-tax differences for large businesses.

A guide for Arkansas agricultural producers on using the state’s sales tax exemption to reduce costs, covering qualification and correct certificate use.

Understand the tax principle for accrual accounting that governs when an expense is officially incurred and deductible, going beyond just the date on an invoice.

Navigate the tax rules for FERS disability benefits. Learn how the taxable amount changes over time based on your age and your after-tax contributions.

Understand how the structure of a forgivable loan determines the timing of income recognition for an employee and the business deduction for an employer.

This guide details the Oklahoma sales tax framework, explaining a business’s core obligations from establishing nexus to proper tax remittance.

Understand the standardized process for local EIT withholding under PA Act 32. This guide clarifies the compliance responsibilities for both employers and employees.

Understand the annual income limit that stops Social Security tax deductions from your paycheck and how this rule applies to various employment scenarios.

Excepted benefits are a unique class of coverage exempt from certain federal rules. Learn how they integrate with major medical plans and affect HSA use.

Discover how gambling winnings are treated by Social Security. The impact varies based on the type of benefit you receive, affecting tax liability and eligibility.

Learn how VA pension benefits are treated for tax purposes and how they differ from other, often taxable, forms of military compensation.

Understand the process for claiming an excise tax refund with detailed instructions for correctly preparing and submitting IRS Form 8849.

Ensure your specialty trade business is correctly classified for tax reporting. Understand how to use the NAICS system to identify the most accurate code.

California’s tax laws for asset depreciation do not conform to federal rules. Understand these key differences and the required adjustments for your state return.

Learn the tax implications when borrowing or lending money. Key factors like interest and repayment terms determine what must be reported to the IRS.

Gain a clear understanding of the bonus depreciation deduction, its scheduled phase-down, and the key differences in federal versus state tax treatment.