Investment and Financial Markets

Understand when Form IT-2104.1 is necessary for New York State taxes, how it affects withholding, and the steps to file or update it correctly.

Learn how a grantor trust transitions after the grantor’s death, including tax implications, administrative changes, and asset distribution processes.

Understand how California’s community property laws impact the step-up in basis for rental property when a spouse passes, and what it means for future taxes.

Understand the factors that affect prior year tax return processing times, including documentation requirements, potential delays, and communication tips.

Understand how home office depreciation works, including asset lifespans, usage adjustments, and tax implications for accurate financial planning.

Learn how to efficiently file your Hawaii state taxes online, explore payment options, check your filing status, and make amendments if needed.

Understand IRS Form 1099-S, its role in reporting real estate transactions, filing requirements, and how to address potential errors or exclusions.

Understand IRS rules on gift cards for non-employees, including taxability, reporting requirements, and compliance considerations for businesses.

Learn how the CARES Act allows employers to make tax-free student loan payments on behalf of employees and what it means for tax reporting and compliance.

Learn how entity classification affects tax obligations, the role of Form 8832, and the options businesses have for selecting or changing their tax status.

Learn how Alabama taxes Social Security benefits, including key exceptions and how other retirement income may impact your overall tax situation.

Learn how to navigate Form 8815 to exclude U.S. savings bond interest from taxable income when used for education, including key eligibility and filing steps.

Understand Italy’s property tax system as a US citizen, including key tax categories, payment methods, exemptions, and potential penalties for late payments.

Understand who needs to file Dayton city taxes, how residency affects obligations, and key filing requirements to stay compliant with local tax laws.

Learn how elective deferrals let you set aside pre-tax income for retirement, how contribution limits apply, and what to consider for tax and employer benefits.

Learn how widows should classify their marital status on legal and tax forms, including key considerations for taxes, benefits, and financial accounts.

Learn how to identify home improvements that can be added to your cost basis, potentially reducing capital gains taxes when you sell.

Learn how Michigan residents can calculate and claim the MESP tax deduction, including eligibility requirements, contribution limits, and filing guidelines.

Learn how the Employee Retention Tax Credit (ERTC) works, who qualifies, and what businesses need to know about claiming and documenting this tax benefit.