Investment and Financial Markets

Properly managing an ESOP involves ongoing administrative duties and strict regulatory requirements to maintain compliance and protect fiduciaries.

A new air conditioner can be a deductible expense or a capitalized asset. The classification depends on the scope of work and its effect on the property.

Explore the principles of a cash flow tax, a system where the tax base is determined by real cash flows, exempting savings and fully deducting investment.

Understand the critical IRS disclosure requirements for advisors whose guidance on certain transactions triggers a reporting obligation.

Understand the financial advantages of a Mortgage Credit Certificate, a federal tax credit that reduces your tax burden and may increase your home purchasing power.

Learn how Oregon’s tax credit for 529 plan contributions functions, including its procedural requirements and unique multi-year benefit structure.

Explore the Section 25C tax credit, a federal incentive rewarding homeowners for making specific energy-efficient upgrades to their primary residence.

Analysis of Revenue Ruling 83-17, which separates a bargain sale to a shareholder into distinct components for corporate and individual tax purposes.

Understand how a business loss can lower your personal tax liability by offsetting other income, which is the key to a potential refund.

Understand the framework of IRS Rev. Proc. 2006-10 for structuring a retail lease so a construction allowance is not taxable income to the tenant.

Learn the procedural steps and compliance considerations for claiming the business investment credit on Form 3468 as part of your annual tax return.

A lengthy estate administration has specific tax consequences, changing how and when income and deductions are reported by the estate and its beneficiaries.

Understand the financial implications of moving assets in their current form. This transfer method has unique tax outcomes depending on the account type.

Gain a clear overview of the Form 1120 process for C corporations, from preparing financial data to calculating and submitting your final tax liability.

Moving retirement funds between IRAs involves precise timing and procedural rules. Understand these distinctions to maintain your account’s tax-deferred status.

Nonprofits must navigate rules on benefits to insiders. This guide explains how to maintain compliance and use safe harbor procedures to avoid costly excise taxes.

Properly track your IRA basis with Form 8606. Our guide helps you report nondeductible contributions and calculate taxable amounts on distributions or conversions.