Investment and Financial Markets

Learn how the 1042-S tax form reports U.S. income for nonresident aliens, who issues it, and how it affects tax filing and withholding obligations.

Learn how New York State income tax works, including filing rules, tax rates, deductions, and key considerations for residents and nonresidents.

Understand when sole proprietorship registration is necessary, even with no income, and learn about tax obligations, business name filings, and licensing rules.

Understand the key differences between salary and distributions, their tax implications, and how they impact business owners and employees differently.

Learn how the IRS views handicap van expenses, which modifications may qualify for deductions, and what documentation is needed for tax purposes.

Learn which documents can verify your child’s residency and how to maintain proper records for legal and administrative purposes.

Understand IRS regulations on calculating earnings for excess IRA contributions, including key factors, adjustment timeframes, and reporting requirements.

Understand when an incentive trip is considered taxable income for employees and how tax rules apply to non-cash compensation and business travel.

Learn what to do if your credit card is sent to the wrong address, how issuers handle misdeliveries, and what protections apply in case of unauthorized use.

Learn about the costs, eligibility, and key requirements for e-filing in Massachusetts, including payment options and important deadlines.

Understand how deferred obligations on Schedule K-1 impact tax reporting, installment income calculations, and record-keeping requirements.

Learn how to receive different types of refunds in your Dave account, verify eligibility, and troubleshoot delays with the right support options.

Delays in IRS tax account processing can stem from verification procedures and third-party data availability. Learn what affects timing and how to stay informed.

Understand the US tax implications of DWP State Pension and Widow’s Benefits, including income classification, cross-border treatment, and reporting requirements.

Find out where to obtain IRS Form 8880, whether online, by mail, or in person, to claim the Retirement Savings Contributions Credit.

Understand the role of Line 2b on Form 1040, how it affects taxable interest reporting, and key steps to ensure accurate filing and compliance.

Explore how buyers and sellers can negotiate a free rent-back after closing, key financial considerations, and how to document the agreement properly.

Understand how long states can collect unpaid taxes, factors that extend deadlines, and the impact of tax liens or wage garnishments on outstanding balances.