Who Must File Form 5472 With the IRS?

Learn the IRS reporting obligations for corporations with foreign ownership concerning transactions with related parties to maintain compliance.

What to Know About the 401k Loan Rules

Before borrowing from your 401k, understand the underlying regulations. Following the rules is crucial for avoiding unexpected taxes and penalties.

What Was FAS 114 for Impaired Loans?

Gain insight into the historical framework for impaired loan accounting under FAS 114 and the fundamental evolution in credit loss recognition.

What Is Schedule L on a Tax Return?

Understand Schedule L’s role in reporting your business’s financial position and how its figures support the accuracy of your entire tax return.

List of Intangible Assets in Accounting

Delve into the accounting rules for non-physical assets, clarifying how they are recorded, valued over time, and distinguished from regular business expenses.

How to Update Form W-4 After Having a Baby

Adding a dependent changes your tax withholding. Learn to make the correct payroll adjustments to ensure your paycheck accurately reflects your new family status.