Investment and Financial Markets

Understand how Section 179 limits impact deductions, asset eligibility, and K-1 allocations, shaping tax outcomes for businesses and partners.

Understand when a 16-year-old needs to file taxes based on income type, dependency status, and IRS thresholds, plus what to do if a deadline is missed.

Understand how California vehicle taxes are calculated, payment options available, potential exemptions, and key deadlines to avoid late penalties.

Learn how unauthorized use of your Social Security number with a different name can impact taxes, credit, and financial accounts, and how to recognize potential misuse.

Learn how to properly address a letter to the IRS, ensuring it reaches the right office with the necessary details for efficient processing.

Learn how to accurately file Maryland Form 502X to amend your state tax return, adjust income or deductions, and ensure compliance with state requirements.

Understand how AMT depreciation tables impact asset recovery, tax calculations, and financial planning with key methods, classifications, and conventions.

Learn how to calculate a net operating loss (NOL), adjust for nonbusiness items, and explore carryover options to optimize tax benefits.

Learn how to accurately complete Form 4562 by understanding depreciation methods, amortization rules, and key requirements for tax reporting.

Understand how unemployment benefits are taxed in New York, including state and federal rates, withholding options, and potential tax credits.

Understand the key details of your 1099-DIV form, including dividend types, tax implications, and how to accurately report investment income on your return.

Understand how parents can help repay student loans while navigating gift tax rules, exemptions, and reporting requirements to avoid unintended tax consequences.

Learn how to accurately complete Form 3911 to request a payment trace, avoid common errors, and ensure your inquiry is processed efficiently.

Understand how different tax rates in St. Louis impact your finances, from income and property taxes to sales levies and special exemptions.

Learn how the standard deduction works for dependents, including how earned and unearned income affect the amount they can deduct when filing taxes.

Understand how Arkansas taxes impact retirees, including exemptions and key factors that influence your tax obligations in retirement.

Learn how 1031 exchanges apply when swapping land for a house, including key requirements, timelines, and potential challenges to ensure a smooth transaction.

Understand how money from parents is classified for tax purposes, including gift tax rules, reporting requirements, and potential impacts on benefits.