Louisiana Sales Tax Holiday for Hurricane Preparedness
Understand the mechanics of Louisiana’s hurricane preparedness tax holiday, including how the state exemption applies to specific items, price limits, and purchases.
Investment and Financial Markets
How to Select an Accounting Year Begin Date
Align your accounting year with your business’s natural cycle and legal structure. This foundational choice involves key strategic and procedural steps.
What Is Corporate Cash Flow and Why Does It Matter?
Understand the movement of money in a business to assess its solvency and operational strength beyond what the income statement alone might reveal.
What Is Profit Shifting and How Does It Work?
Learn how multinational enterprises strategically manage their tax liabilities across borders and the evolving regulatory landscape designed to address these practices.
FAS123R: Accounting for Share-Based Payments
Understand the accounting framework for employee equity awards under FAS 123(R). Learn how fair value principles guide the recognition of compensation cost.
Can Capital Losses Offset Interest Income?
Investment losses can reduce taxable income from interest, but tax rules dictate a specific sequence and annual limits for how these losses are applied.
What Can You Write Off as an Independent Contractor?
For independent contractors, lowering taxable income starts with understanding what qualifies as a business expense and how to properly document and report it.
How to File IRS Form 8911 for the Refueling Credit
Clarify the tax rules for the alternative fuel refueling property credit. This guide helps individuals and businesses correctly report their investment on Form 8911.
Section 961 Adjustments to Basis of CFC Stock
Understand how Section 961 adjusts CFC stock basis to align with U.S. tax paid on foreign earnings, ensuring proper gain or loss calculation.
Oman Income Tax for Individuals and Businesses
Gain a clear understanding of Oman’s tax system, from the financial obligations for companies to the distinct framework applied to individual earnings.
Which Countries Does Australia Have a Double Tax Agreement With?
Understand how Australia’s tax system provides relief from double taxation on foreign income, both through formal tax treaties and other available offsets.
I Received a Levy Notice. What Should I Do?
A tax levy notice requires a measured response. Learn the formal procedures for protecting your assets and working toward a resolution with tax authorities.
The Process and Principles of Interim Financial Reporting
Gain insight into the distinct accounting principles and procedural framework for creating timely financial reports between annual statements.
North Carolina Taxes vs. Florida: A State Tax Comparison
Considering a move to North Carolina or Florida? This comparison looks beyond a single rate to assess each state’s total tax burden on your finances.
How the Taxation of Executive Compensation Works
Discover how the form and timing of executive compensation create distinct tax outcomes for both individuals and the corporations they lead.
Curacao Taxes: A Breakdown for Individuals and Businesses
A balanced overview of the Curacao tax system, covering the financial obligations and advantages for resident individuals and operating companies.
What Is the 63/17 Safe Harbor for PTP Sales?
Selling a PTP interest involves complex tax rules. Learn how the 63/17 safe harbor provides a clear method for allocating your gain for tax filing.
HR 4318 and the Combat Pay Tax Exclusion
Explore the permanent tax provision for military combat pay. Understand how this affects your taxable income and strategic tax filing considerations.
AS 1305: Communicating Control Deficiencies in an Audit
Gain insight into the structured protocol auditors follow under AS 1305 to classify and report internal control findings to corporate governance.
IRS Publication 4335: Rules for Charitable Contributions
Navigate the tax implications of charitable giving. This guide clarifies the IRS rules for substantiating donations and meeting deduction requirements.