Investment and Financial Markets

Filing your 2023 taxes involves a specific timeline. Discover when you can begin the process and the key deadlines you need to meet for the 2024 season.

Understand how delegated sovereign powers separate local governments from state agencies and affect the tax treatment of their financial obligations.

For U.S. expats, foreign housing costs can impact your tax return. Learn the principles behind this tax benefit to see how it may apply to you.

Understand the tax responsibilities tied to grant funding, including how the IRS views the income and your obligations for reporting it correctly.

Formally transferring a vehicle to your business name creates important financial and legal distinctions. Learn about the process and its ongoing requirements.

Understand the tax structure behind Indiana’s gas prices, including how fixed and variable rates are calculated to fund transportation infrastructure.

When standard IRS channels fail, Form 1093 offers a formal path to seek intervention from the Taxpayer Advocate Service for complex tax problems.

Understand the tax implications of your marketplace health plan. This guide details the rules and process for claiming the Premium Tax Credit on your return.

Establish an effective 401(k) plan for your business. This guide clarifies the critical framework and procedural steps for a successful and compliant rollout.

A tariff is a specific kind of tax applied only to imports, creating different economic outcomes than broad-based taxes on income or sales.

Understand the mark-to-market election for traders, a formal accounting method that revalues securities annually and alters their resulting tax treatment.

Discover the multi-step calculation behind your federal income tax, showing how total earnings are systematically reduced to find your final tax liability.

Understand the mechanics of a 1031 exchange, a tax-deferral strategy for real estate investors that requires careful coordination and compliance.

IRS Form 4136 allows for the recovery of federal excise taxes on fuel for non-taxable uses. Learn the principles behind claiming this tax credit.

Clarify your obligations for a 2023 Form 1099-K. Learn the correct process for handling your reported transactions when preparing your tax return.

Understand the tax implications of a variable annuity. Learn how your contributions, withdrawal method, and timing impact the taxation of deferred growth.

An F1 student’s U.S. tax residency is based on specific IRS rules, not immigration status, with time in the country being a key determining factor.