Business and Accounting Technology

Navigate the requirements for Form 5330 with clear instructions on resolving certain retirement plan tax liabilities, from calculation to final filing.

While independent contractors are typically ineligible for unemployment, eligibility may depend on your work history and the nature of your employment relationship.

Understand the tax implications when you sell your home. This guide helps you correctly account for the transaction and determine the final effect on your return.

Learn how to get money back on your new EV in Pennsylvania. This guide explains the state’s direct rebate and how it works with federal tax credits.

Understand the financial mechanics of deferred stock, from the unique timing of tax obligations to the regulated process of scheduling future distributions.

Understand how private foundations satisfy IRC Section 508(e) by embedding key operational limits into their charter to secure and maintain tax-exempt status.

The tax treatment for an option trade is defined by its outcome. Learn how different scenarios impact your capital gains, holding periods, and stock cost basis.

Navigating the tax treatment of 401k income in Michigan is complex. Learn how retiree age and recent state law changes determine your deduction eligibility.

Whether you owe tax on $600 depends on the nature of the transaction, not just the amount. Clarify your tax liability by understanding the source of your income.

The classification of your tenant improvements determines their eligibility for accelerated tax deductions. Learn how recent rule changes affect this critical process.

U.S. investors in foreign corporations must navigate two distinct tax regimes. Understand how CFC and PFIC rules affect the timing and character of income.

Accurately calculate your business’s unemployment taxes. This guide clarifies the connection between state and federal obligations, from defining wages to applying credits.

Learn the tax principles for depreciating an RV as a business asset. Understand how your business use percentage and other key factors determine the available deductions.

Navigate U.S. withholding on foreign payments by understanding the distinct goals of tax collection versus information reporting compliance regimes.

Understand how West Virginia’s income tax applies to your pension. A state deduction for eligible retirees can significantly reduce your tax liability.

Understand the distinct tax obligations for earning income in California while living in another state, including how your liability is calculated and resolved.