Ghana Taxes for Individuals and Businesses
Gain a clear overview of the Ghanaian tax structure. This guide clarifies what determines your tax obligations and the procedural steps for ensuring compliance.
Investment and Financial Markets
How to Claim a Refund of Your Car Tax
Sold your car or moved? You may be owed a prorated refund on your vehicle property tax. Learn the essential steps to file a claim with your local tax authority.
Rules for a 529 to Roth IRA Rollover
A recent change lets you move unused 529 funds to a Roth IRA tax-free. Learn the key considerations and steps for this valuable financial strategy.
Pre-Tax Deductions on Your W2 Explained
Understand how your benefit contributions lower your taxable wages and learn to locate the corresponding deduction information on your W-2 form.
Can a Trust Have Employees? What Trustees Need to Know
When a trust acts as an employer, the trustee assumes critical tax and legal obligations. Learn how to manage these duties and mitigate personal risk.
Do Homeowners Get Tax Breaks? What Qualifies
Homeownership offers unique tax considerations. Learn how ongoing expenses, property improvements, and an eventual sale can impact your annual tax liability.
How to See If Taxes Are Owed on a Property
Confirm a property’s financial standing by reviewing its tax payment history. Learn how to access and understand official records to prevent unforeseen costs.
Financial Benefits of Adopting a Child
Building a family through adoption involves financial considerations. Understand the tax advantages and support systems available to help manage the associated costs.
Trust Tax Planning: Strategies for Income and Estate Taxes
A guide to the tax implications of trusts, covering how income flows to beneficiaries and how assets can be structured to reduce future estate tax liability.
What Is Combined Reporting for State Corporate Tax?
Understand the state tax method that treats related corporations as a single economic unit to determine and file a group’s total corporate tax liability.
What Is a Consent Dividend for a REIT?
Explore how a consent dividend allows a REIT to meet tax distribution rules without a cash outlay, impacting both corporate deductions and shareholder basis.
TCJA Meals and Entertainment Deduction Rules
Understand the current tax framework for business meal expenses after the TCJA. This guide clarifies the distinctions necessary for accurate tax compliance.
What Are the SEP IRA Matching Rules?
SEP IRA contributions are often misunderstood. Learn the employer-only funding rules, how they apply to all staff, and which plans offer a true match.
Tax Rules for Employing Your Minor Child
Formally hiring your minor child involves specific financial rules. Learn how your business entity and proper record-keeping impact the benefits of this strategy.
What to Do With an Inherited 401k From a Parent?
Navigating an inherited 401k requires understanding your specific obligations and options to preserve its value while managing the tax implications.
Are Real Estate Agents Sole Proprietors?
For real estate agents, the way your business is structured determines your tax burden and legal risk. Learn the path from default status to strategic formation.
The IRA 25C Tax Credit: What It Is and How to Claim It
Understand how recent changes to the 25C tax credit can benefit homeowners. Get clear guidance on turning energy-efficient upgrades into tax savings.
Does Tax Topic 152 Mean Direct Deposit?
Tax Topic 152 indicates your return is processing. Learn how this common IRS code relates to your refund status and the timeline for an approved direct deposit.
Charitable Endowments: Creation, Management, & Reporting
Explore the framework of a charitable endowment, a structure designed to balance a donor’s vision with the prudent management needed for perpetual support.
What Is a State Tax Return and How Do You File One?
Navigate the state tax return process by understanding your filing obligations based on residency and how your federal return informs your state tax liability.