Investment and Financial Markets

Under Rev. Rul. 79-39, the tax treatment of excessive shareholder pay hinges on intent, not just the amount, affecting both the company and owner.

Understand the core principles of Tennessee’s Franchise and Excise tax. Our guide clarifies this two-part business privilege tax for liable entities.

Understand the specific requirements partnerships and S corps must meet to use the Schedule K-2 domestic filing exception and reduce their compliance burden.

Understand how your business entity dictates owner compensation. This guide clarifies the distinct tax and compliance rules for paying yourself correctly.

The taxability of a remediation payment depends on what the funds are intended to replace. Understand the principles that determine what you may owe.

Review the 2024 guidelines for health savings and flexible spending accounts to inform your financial strategy for managing healthcare costs effectively.

Gain clarity on your Utah LLC’s tax obligations. Learn how federal tax treatment shapes your state-level responsibilities and filing requirements.

Accurately report rental real estate income by following a structured process for organizing your financials before completing IRS Schedule E.

Learn how to determine the tax-free amount of your pension or annuity payments under the IRS General Rule, including the required data and calculations.

Navigate Colorado’s tax withholding requirements. This guide clarifies the essential obligations for both employers and employees to ensure accurate processing.

Discover how the tax treatment of FICA payments varies. The ability to deduct this payroll tax is determined by your role in the compensation structure.

The value of your trade-in can reduce the taxable price of a new car, but this tax benefit isn’t guaranteed and depends on geography and transaction details.

Understand the requirements for Florida’s Tangible Personal Property tax. Learn how an initial return can establish an exemption for business assets in future years.

Understand the process for obtaining a W-2 form. This guide covers the necessary steps and responsibilities for both employees and employers.

Learn the principles for identifying business costs that can’t be claimed, ensuring you correctly adjust your accounting profit for an accurate tax return.

Understand how your personal income is taxed in Greece. Learn how residency status determines your liability and discover available credits and special regimes for foreigners.

Delve into the interplay between Florida’s state-level financial policies and local government needs that shapes how property taxes are calculated.