Investment and Financial Markets

Learn the standard procedure for allocating the cost of specific long-term business assets over a 10-year timeframe for accurate tax accounting.

Explore the structure of railroad retirement, a system with two distinct benefit components, unique tax rules, and provisions for spouses and survivors.

Explore the Pillar 2 UTPR, a key backstop rule for the global minimum tax, and the substance-based formula used to allocate tax liability.

Understand the principles that determine if your tuition waiver is a tax-free educational benefit or if it will be treated as taxable income.

Reconcile your personal payment records with the IRS to ensure you report the correct amount of estimated tax on your annual return.

How your timber sale is structured and accounted for determines your tax obligation. Learn the key factors for accurate calculation and reporting.

Property tax exemption for non-profits is not automatic. This relief depends on how a property is owned and used to advance the organization’s core mission.

Navigate Oregon’s TriMet tax obligations. This guide clarifies the transit tax system for employers, employees, and self-employed individuals in the district.

Navigating Washington’s business taxes for consulting services requires understanding how your specific work and client location impact your obligations.

While Colorado taxes capital gains as income, a unique state-specific subtraction allows taxpayers to reduce their tax on certain qualifying assets.

Washington exempts most groceries from sales tax. Learn the specific state rules that determine why some food items and beverages are taxed at checkout.

Inheriting a retirement account comes with complex withdrawal rules. Your beneficiary status dictates the timeline you must follow to access the funds.

Understand the IRS framework for waiving partnership late filing penalties. Learn the conditions for eligibility and the correct process to request relief.

This guide details the process for obtaining the energy community tax credit bonus, from confirming a project’s geographic eligibility to filing with the IRS.

Examine the IRS’s official position on the Deferred Sales Trust, including the lack of a formal ruling and the specific legal doctrines used for scrutiny.

Understand the de minimis principle, a key IRS concept that distinguishes minor expenditures from capital assets to simplify your business’s accounting.

Selling a NJ rental property? Learn how your property’s adjusted basis and New Jersey’s distinct tax treatment will determine your final tax obligation.

Learn how Massachusetts determines taxable income for remote workers, including the state’s unique income sourcing rules and how to navigate tax credit options.