Investment and Financial Markets

Understand the tax implications of employee gifts, including deductibility rules, reporting requirements, and how to distinguish gifts from taxable compensation.

Find the correct mailing address for filing taxes with the Hawaii Department of Taxation, including locations for different tax types and in-person assistance.

Understand when hospice care expenses may be tax deductible, how to document costs properly, and what factors influence eligibility for medical deductions.

Learn why your $1400 stimulus check may have been taken by the IRS, including income limits, debt offsets, and tax filing issues that could affect eligibility.

Learn how to report an IRA distribution for education expenses, ensure compliance with tax rules, and claim potential penalty exceptions.

Understand the key differences between SUI and UI, including coverage, funding, and employer responsibilities, to ensure compliance and accurate payroll management.

Understand the key differences between ISOs and ESPPs, including tax timing, eligibility, and AMT implications, to make informed equity compensation decisions.

Understand how vision insurance fits into tax deductions, including eligibility, documentation, and the impact of pre-tax and post-tax payments.

Understand how scholarship income affects your taxes, which expenses qualify for tax-free status, and how to accurately report it to avoid potential issues.

Understand how teachers’ wages are classified for Medicare tax purposes and whether their earnings qualify as government wages under federal guidelines.

Learn when to use Form 8453-FE, what documents to attach, and how to submit it properly to meet IRS e-filing requirements.

Learn how to correctly file Form 8606 for a Backdoor Roth IRA, ensure accurate reporting, and avoid common errors that could impact your tax obligations.

Learn how to apply for an EIN without an SSN, including required documents, application methods, and steps to confirm your EIN successfully.

Explore how the AOTC phase-out affects eligibility and whether your child can claim the credit, considering income limits, filing status, and key tax rules.

Learn how to interpret Form 1099-B, including key details on proceeds, cost basis, and tax implications to ensure accurate reporting on your return.

Understand the key differences between gross income and adjusted gross income, how they are calculated, and their impact on tax filings and liabilities.

Understand the tax implications and penalties of using 529 plan funds for non-education expenses, including exceptions and reporting requirements.

Learn whether you can issue a 1099 to a worker with an ITIN instead of an SSN, along with key filing rules, withholding requirements, and potential penalties.

Learn how living with your boyfriend may impact your food stamp eligibility, including household definitions, income rules, and reporting requirements.

Learn how a partial 1031 exchange works, its tax implications, and key requirements to ensure compliance while reinvesting only part of your proceeds.