Investment and Financial Markets

Understand how certain tax credits can result in a payment from the IRS, even if you owe no tax. Learn the principles of eligibility and how to file for them.

Explore the American Jobs Creation Act of 2004, a complex law that altered corporate tax, executive pay, and compliance in response to global trade pressure.

A Qualified Intermediary is essential for a 1031 exchange. Learn how this neutral party navigates IRS rules to properly defer your capital gains tax.

Explore the Cadillac Tax, a repealed ACA provision designed to curb healthcare spending by taxing the total cost of high-value employer health plans.

Learn how corporate intent shapes the tax treatment of payments to a deceased employee’s family, defining the consequences for both the business and recipient.

Learn how a federal tax extension applies to your Indiana state return. Understand the state’s policy and the important distinction between filing and paying.

Discovering an error on a filed tax return can be unsettling. Learn the process for making corrections and how to manage any resulting financial obligations.

Understand the ERISA safe harbor, PTE 77-4, which provides a compliant process for a benefit plan to sell an individual life insurance or annuity contract.

U.S. taxpayers must convert foreign currency for tax reporting. Learn how the type of financial activity determines which official exchange rate to apply.

Learn the IRS standards for deducting meal expenses during business travel. This guide covers eligibility requirements and proper methods for substantiation.

Understand the updated federal solar tax credit timeline. This guide details the current incentive value and the key dates homeowners must know before it phases out.

Learn how local government entities are legally defined and empowered by the state, a distinction crucial for their operations and public financing.

Taking a 401(k) withdrawal creates a tax obligation. This guide explains how to calculate, report, and manage the full tax impact of your distribution.

SECURE 2.0 now permits employer retirement contributions to be designated as Roth, creating new considerations for an individual’s long-term tax strategy.

Explore the complex tax rules for transferring a partnership interest without payment. Learn how the transfer’s structure can create unexpected tax consequences.

For an S-corp, maximizing tax deductions with a profit-sharing plan requires knowing the distinct deadlines for both establishing the plan and funding it.

Understand the tax filing requirements for an IRA recharacterization to ensure the transaction is properly documented and remains a non-taxable event.

Understand the factors that influence the processing time for your home heating credit and learn how to navigate the claim for a faster payment.