What Are the Rules for an IRS Defined Benefit Plan?
Explore the IRS regulations for defined benefit plans, including the formal processes for plan design, funding calculations, and ongoing administration.
Investment and Financial Markets
What Is Notice 2023-7? CAMT and Penalty Relief
Explore the initial IRS framework in Notice 2023-7 for the new CAMT, detailing key income calculation rules and the process for securing penalty relief.
What Is Carbon Accounting and How Does It Work?
Learn how carbon accounting provides a structured method for organizations to measure their full climate impact, turning complex operational data into a clear footprint.
Standard Deduction Changes: What Taxpayers Need to Know
Understand how annual adjustments to the standard deduction impact your tax return. Our guide covers the figures and rules to help you make an informed choice.
What Is a 2652(a)(3) Reverse QTIP Election?
Understand how the reverse QTIP election changes the transferor for GST tax purposes, enabling spouses to maximize multi-generational wealth preservation.
CbCR Reporting: What It Is and How to Comply
A guide to Country-by-Country Reporting, a tax transparency rule requiring multinationals to detail their global allocation of income, taxes, and activity.
Can I Refuse to Fill Out a Form W-9?
Before you refuse a W-9 request, understand the payer’s tax reporting duties and the financial consequences that result from non-compliance.
Section 277 Deduction Rules for Membership Organizations
Explore the tax compliance rules for membership organizations that limit deductions to ensure member-related losses do not offset non-member business income.
What Is Commercial Activity Income for Tax Purposes?
Learn how the tax definition of commercial activity income changes based on the type of organization and the specific governmental rules being applied.
Rule 144b: Selling Restricted Securities
Understand the compliance pathway under SEC Rule 144(b) for converting restricted securities into freely tradable assets for public resale.
IRA or 401k: What Are the Main Differences?
Discover how 401(k)s and IRAs differ in their fundamental structure, from employer sponsorship to the level of control you have over your retirement savings.
What Is California’s SB 726 Reproductive Loss Law?
California’s SB 726 expands bereavement leave to cover reproductive loss. Understand the law’s provisions for employees and employer obligations.
How to Determine Your Required Minimum Distribution (RMD)
Understand the process for your Required Minimum Distribution. This guide provides the clarity needed to accurately calculate your 2024 withdrawal and stay compliant.
What Is Date Acquired for Tax Purposes?
Understand how an asset’s acquisition date impacts your tax liability. This date determines your holding period, which can vary based on how you obtained it.
How Section 957 Defines a Controlled Foreign Corporation
Learn how U.S. tax law defines control over a foreign entity, looking beyond direct shareholding to determine its tax status for American owners.
Does Medi-Share Count as Insurance for Taxes?
Navigate the financial rules for health care sharing. Learn how membership affects your tax deductions, federal requirements, and state-level obligations.
Can You Get Unemployment With a 1099-NEC?
Understand how your status as a 1099 independent contractor affects unemployment, from benefit eligibility to the distinct tax forms used for reporting.
Does Gross Margin Include Overhead Costs?
Understand how separating production costs from overhead provides a clearer view of a company’s financial efficiency and overall profitability.
Does a Landlord Have to Show Receipts for Repairs?
Understand the documentation your landlord must provide for security deposit deductions and learn the specific steps to take when disputing unsubstantiated charges.
Form 8800: How to Claim the Pension Startup Credit
Reduce the expense of starting a new employee retirement plan. This guide clarifies the process for claiming the small employer tax credit using Form 8800.