Investment and Financial Markets

Facing a tax bill after an IRS audit? Learn the methodical steps to understand what you owe, prepare the necessary financial information, and resolve the balance.

The tax on a $45,000 salary isn’t a single number. Learn how your personal circumstances and financial profile determine your final tax obligation.

Find key information for the Indiana tax season, from when the state starts accepting returns to the steps to take after you file.

Explore the transition from a sole proprietorship to an LLC. This guide weighs the benefits and responsibilities of formalizing your freelance business.

Learn how UK tax rules govern pension contributions. This guide details how your personal and financial circumstances determine how much you can save tax-efficiently.

This guide provides a clear overview of Delaware’s tax reporting calendar, covering the specific due dates for both individual and business tax obligations.

Gain a clear understanding of how the total cost of an asset acquisition is calculated and then distributed to establish each item’s new tax basis.

Understand the trade law provision that enables tariffs based on national security and the mechanisms available for specific product relief.

Understand how the Corporate AMT uses adjusted financial statement income to create a new tax floor for large firms, altering the value of business tax credits.

Learn how the tax withheld on an RRSP withdrawal is only an installment and how the total amount affects your final income tax liability for the year.

Understand the mechanics of the U.S. tax system for a $41,000 salary. See how your income is taxed at multiple rates to determine what you’ll actually owe.

A child’s investment income can be taxed at the parent’s higher rate. Explore how careful financial planning helps manage and reduce this tax liability.

Understand the IRS-recognized method for C-corps to determine justifiable retained earnings, providing a clear defense against potential tax penalties.

Understand the framework of your tax preparer’s questions to ensure a smooth process and a complete, accurate picture of your financial year.

This guide clarifies the process for calculating the 2020 Child Tax Credit and Credit for Other Dependents using Schedule 8812 for your 2020 tax return.

The tax on a settlement isn’t based on the total amount, but on the reason for the payment. Understand the rules that determine your final taxable income.

Understand the U.S. compliance framework for foreign disregarded entities and branches and the information reporting required on Form 8858.