Investment and Financial Markets

Understand how the 3.8% Net Investment Income Tax is calculated based on your income threshold and specific types of investment earnings.

Understand the tax provision for when expenses exceed income. This guide explains the IRS rules for using a Net Operating Loss to offset taxable income.

Understand the corporate restructuring strategy of an inversion, its effect on global tax liability, and the specific U.S. tax code provisions that govern it.

Understand the IRS standard for waiving penalties. This guide explains how to demonstrate reasonable cause and effectively document your case for tax relief.

Learn how preferred stock dividends are taxed. Understand the specific holding period and other requirements needed to receive favorable qualified dividend rates.

Your tax deduction for donated stock is determined by a framework of rules based on your AGI, the asset’s holding period, and the type of charity.

Learn to determine a responsible surplus for your nonprofit. Explore the financial principles and governance needed to manage and justify your organization’s fund balance.

Understand a key tax election for U.S. investors in foreign funds that governs the annual reporting of income and its corresponding tax treatment.

Learn the tax framework for classifying property costs, distinguishing between immediately deductible repairs and improvements that add long-term value.

Learn when a contribution to a government entity qualifies as a tax-deductible donation and the specific principles governing this type of charitable giving.

Get clarity on Virginia’s tax schedule. Learn the essential deadlines for filing and paying state taxes and the rules that affect your due dates.

Understand the distinct tax duties for a deceased person and their estate. This guide clarifies financial responsibilities for executors and beneficiaries.

As an executor, obtaining an EIN is a key step. This guide clarifies the process for establishing an estate’s separate financial and tax identity.

Understand how fair market value is established for various assets using accepted methodologies and learn the documentation required to support a valuation.

Understand the tax principles for deducting certain expenses and how recent legal changes have altered what costs are still eligible for a deduction.

A cash deposit is not a taxable event. Learn why the source of the money is the critical factor that determines your actual tax liability.

Understand the operational details of FSA payroll deductions, including their effect on taxable wages and how they are systematically managed and reported.

Planning a home addition? Understand how it triggers a property reassessment and learn to forecast the resulting tax increase before you build.