Investment and Financial Markets

Filing taxes with your spouse isn’t required. Explore how different filing choices affect your combined refund, available deductions, and individual liability.

Learn how a company’s tax obligations are determined by its operational footprint, its legal entity type, and its activity across state lines.

Section 68 limited high-income deductions before its suspension. Learn how this dormant tax provision worked and why its scheduled return impacts future planning.

Learn the steps for an automatic tax filing extension. Understand the key difference between the deadline to file and the deadline to pay what you owe.

Explore a proposal to replace federal income tax for seniors with a national sales tax. Learn how this proposed legislation works and its current status.

Explore the tax framework for converting a partnership to an S corp, focusing on how the transaction structure affects asset basis and future tax obligations.

Learn the distinct printing requirements for W-2s. The rules for employee copies differ from the scannable forms sent to the government.

Navigating IRS business travel rules requires more than just keeping receipts. Learn the key distinctions and requirements for correctly deducting your expenses.

Explore the estate tax implications of corporate-owned life insurance. A policy’s structure is key to determining if proceeds create a personal tax liability.

Understand the government’s legal claim on your property for unpaid tax debt and the formal administrative processes required for its resolution.

Explore the constitutional rule that governs fair taxation. Learn how it limits government power by requiring consistent tax treatment within reasonable classifications.

Delve into the global tax reform initiative aimed at aligning taxation with economic activity and learn how it reshapes obligations for multinational businesses.

Accurately certify your bona fide residence in a U.S. territory. This guide provides a clear walkthrough for completing and attaching Form 14653 to your tax return.

The ERC is a legitimate government tax credit, but widespread misinformation has created confusion. Understand the official rules to assess your eligibility.

Class action settlement payments have specific tax considerations. Learn the rules that determine what’s taxable and how to properly report the funds on your return.

Explore the financial framework of the US-Spain tax agreement, clarifying how it modifies standard tax obligations for individuals and businesses.

Uncertainty over tax reform often includes whether new laws will apply to past income. Learn the framework for how a tax law’s effective date is determined.

Explore the tax regulations under IRC 1400Z-2 for Opportunity Zone investments, from initial gain deferral to the long-term compliance for realizing benefits.