Investment and Financial Markets

Understand whether 529 plan funds can cover fraternity dues, how the IRS classifies eligible expenses, and the potential tax implications of withdrawals.

Learn how to determine tax basis from a K-1 statement by tracking income, expenses, contributions, and distributions to ensure accurate tax reporting.

Learn practical strategies to lower FICA tax liability through benefits, business structure adjustments, and tax-efficient compensation planning.

Learn how to accurately report HSA contributions on Form 1040, understand eligibility for deductions, and avoid potential excess contribution penalties.

Learn how to accurately complete the Florida DR-15 tax form, report sales and exemptions, calculate amounts due, and ensure compliance for your business.

Learn how to claim the wood stove tax credit, including eligibility, required documentation, and filing steps to maximize potential savings on your installation.

Your driver’s license address can impact taxes, banking, insurance, and credit. Learn when it matters and how to keep your records accurate.

Learn how to accurately report the sale of collectibles without a 1099-B, including tax forms to use, record-keeping tips, and calculating gains or losses.

Learn how much the third economic impact payment was, who qualified, how it was distributed, and what to do if you didn’t receive your payment.

Learn how to apply for a TIN number with this step-by-step guide, including requirements, application procedures, and common mistakes to avoid.

Understand how K-1 income is classified for tax purposes and the key factors that determine whether it is considered passive or non-passive income.

Understand how taxes impact a $700 weekly paycheck, including federal, state, and other deductions, to better estimate your take-home pay.

Learn how to register for a Virginia Sales Tax Certificate, meet documentation requirements, and stay compliant to avoid potential issues.

Understand how different factors influence the taxes on your pension and learn how to estimate your tax liability using a pension tax calculator.

Learn how ownership changes and business restructuring impact your Employer ID Number and when obtaining a new one may be necessary.

Understand Illinois state income tax requirements, including filing obligations, tax rates, available credits, and payment options to stay compliant.

Learn how federal student loan debt can impact your tax refund, what loan types are subject to offsets, and how filing status changes may affect your outcome.

Understand the tax treatment of easement sales, including income classification, basis adjustments, and reporting requirements for accurate tax compliance.

Learn how to accurately report Backdoor Roth contributions on your taxes, including key forms, calculations, and common considerations for compliance.