Investment and Financial Markets

Explore a former tax provision that provided a specific financial pathway for coal mines to invest in safety equipment before modern depreciation rules.

Navigate the complexities of Form 990 Schedule F. This guide offers a clear process for nonprofits to accurately report foreign activities and ensure compliance.

Making payments to a nonprofit? Your tax reporting obligations depend on the organization’s legal structure and the nature of the service provided.

Examine how vice taxes function as a policy tool, influencing consumer behavior while generating revenue and creating distinct economic outcomes.

Learn how to request an IRS penalty abatement by demonstrating reasonable cause. This guide covers preparing and submitting a persuasive claim using Form 843.

Learn the tax rules for expensing improvements to your leased commercial space. This guide covers eligibility and helps you navigate your deduction options.

Learn how tax regulations ensure consistent treatment in corporate acquisitions, preventing strategic manipulation of asset and stock basis after a purchase.

Learn about Maryland’s tax provisions designed to reduce your overall tax burden, from your annual return to your home’s assessment and daily purchases.

Learn about Treasury Regulation 1.6046-1, which outlines the IRS reporting obligations for U.S. persons involved in foreign corporate ownership events.

Explore the role of the federal flight segment tax, a fixed fee on U.S. air travel that helps maintain the national aviation system infrastructure.

Ohio includes federal capital gains in its income tax calculation, but its approach differs, offering a significant deduction for certain in-state investments.

Understand the mandatory payroll tax that funds Social Security and Medicare, and see how contribution rules apply based on your income and employment type.

A dishonored check involves more than a bank fee. Understand the layered financial penalties and the specific legal rules that dictate how they are applied.

Understand the key differences between federal tax benefits for dependents and the “credits” used in state child support payment calculations.

Understand how your income and family details determine your Child Tax Credit amount. This guide clarifies the current rules for this important family tax benefit.

For L-1 visa holders, U.S. tax liability is not based on visa type. It’s determined by your tax residency and relevant international agreements.

A corporation’s payment to a surviving spouse has complex tax results. Intent determines if it is a non-taxable gift or deductible business expense.

Learn how your business structure and operations determine your NYS tax requirements and the necessary procedures for maintaining ongoing compliance.