Investment and Financial Markets

Your connection to a state defines your resident filing status and determines how your total income, from all sources, is ultimately taxed.

Learn about the 403(b)(9) plan, a retirement vehicle for churches with distinct administrative rules, unique investment options, and special tax provisions.

Understand the unique tax implications of an inherited property and the strategic actions required before pursuing a tax-deferred exchange.

Learn the tax principles behind equipment depreciation to make informed decisions, recover asset costs, reduce taxable income, and report correctly.

Using a 529 plan for graduate school housing involves more than just paying rent. Understand the key distinctions and limits to maximize your tax-free benefits.

Discover how IRS Notice 2023-80 provides essential administrative relief and clarity for retirement plan sponsors navigating SECURE 2.0’s catch-up rules.

Understand the dual role of tax preference items. Learn how these favorable deductions can trigger a parallel tax calculation and affect your tax liability.

For successor employers, Form 941 Schedule D is the IRS mechanism for reconciling payroll tax data following a business acquisition, merger, or consolidation.

Understand the tax rules for receiving rent in advance. This guide clarifies income recognition timing and its effect on deducting associated rental expenses.

Whether spousal support is taxable income depends on your divorce agreement’s timing and terms. Understand the nuances that determine its tax treatment.

Discover how Texas consolidates Municipal Utility District (MUD) taxes with other local levies onto a single, comprehensive property tax statement.

A guide to the repayment phase of the CARES Act employer tax deferral, clarifying your obligations and how to correctly settle your 2020 tax liability.

Understand how time spent in the U.S. while an asylum case is pending can define your tax residency and affect your annual filing obligations.

An overview of Cuba’s evolving tax system, clarifying the financial obligations for residents, private enterprise, and foreign investment.

Learn the correct procedure for submitting your financial information on Form 433-F, a key step in the process of resolving an outstanding tax liability.

Explore the legal standards that distinguish a tax error from a criminal false return, including the required element of intent and prosecution time limits.

Receiving shares from RSU vesting is treated as a purchase, which can trigger the wash sale rule. Learn the tax implications and how to report it correctly.