Investment and Financial Markets

Explore the key provisions of a significant bipartisan tax proposal, analyzing its potential financial impact on both American households and corporate tax strategies.

Changing a tax accounting method requires IRS consent. Understand the framework of Rev. Proc. 2015-13 to ensure you meet all procedural requirements.

Gain clarity on North Dakota’s property tax system. Learn how your tax is determined by local governments and understand your rights as a property owner.

For U.S. taxpayers, the path to a tax deduction for Ukrainian aid depends on the recipient’s legal status and proper record-keeping, not just the intent.

Correctly calculating the cost of goods sold on Form 1125-A involves key inventory valuation rules and cost capitalization principles.

Explore the IRS principle that disallows interest deductions for loans secured by tax-advantaged assets, preventing a double tax benefit.

An analysis of IRS Revenue Ruling 71-15, clarifying the key distinctions that define medical resident stipends as taxable income rather than excludable grants.

Understand how states determine your tax obligations when you earn income across state lines and how to correctly file to prevent being taxed twice.

Learn about the New Jersey Realty Transfer Fee, a critical financial component for sellers that is assessed and settled during the property closing process.

Your Form 1098-T doesn’t show every deductible cost. Learn how the rules for qualified expenses differ by tax credit to maximize your education benefits.

Explore the state-mandated obligations for North Carolina public employers in establishing and maintaining a compliant workplace safety program.

Discover the U.S. federal tax framework for American citizens in Puerto Rico and how residency status redefines your obligations to the IRS.

Rev Proc 2021-49 offers a safe harbor, providing clear options and certainty for timing the deduction of expenses from unforgiven PPP loans.

For tax purposes, an investment’s cost is a dynamic figure. Understand how this value is established and adjusted, shaping the calculation of your capital gains.

Ensure accurate tax filing by selecting the correct IRS code for your transportation business. Learn how to identify your principal activity based on revenue.

Learn how Item 405 of Regulation S-K provides investor transparency by requiring companies to disclose delinquent ownership filings by their insiders.

Received a Form 1099-R with Code E? This guide clarifies the tax reporting process for beneficiaries handling a retirement account death distribution.