Investment and Financial Markets

Learn how to qualify for real estate professional status, meet IRS requirements, track participation, and optimize tax benefits with proper documentation.

Understand how New York State itemized deductions work, who qualifies, and how recent tax law changes may affect your state tax return.

Learn how state taxes apply to Social Security benefits, including income thresholds, federal coordination, and strategies for managing potential tax obligations.

Understand tax rules, documentation, and reporting requirements when paying day laborers in cash to ensure compliance and accurate record-keeping.

Learn how to correctly enter a PO Box address on financial forms to ensure accuracy, avoid processing issues, and maintain consistency across documents.

Understand the tax implications of Trader Tax Status and LLCs, including key differences, filing requirements, and common misconceptions.

Understand where estate taxes need to be filed based on state laws, residency status, and property location, along with key filing requirements and exemptions.

Understand how vacation payout is taxed in California, including withholding methods, additional state taxes, and local variations that may apply.

Learn how to organize your Uber tax documents, report income accurately, and maximize deductions while staying compliant with IRS requirements.

Understand the legal and tax implications of hiring undocumented workers as independent contractors, including classification, documentation, and reporting requirements.

Learn how to use an ISO AMT calculator to navigate tax calculations efficiently, understand key inputs, and ensure accurate reporting for incentive stock options.

Learn how to qualify for tax credits when supporting an elderly parent, including eligible expenses, filing steps, and key documentation requirements.

Understand how the home office deduction is calculated, the methods available, and key factors that impact eligibility and accuracy.

Understand how Maryland state income tax withholding works, where to find details on your paycheck, and how to adjust your withholding if needed.

Understand how life insurance is taxed in Pennsylvania, including inheritance tax rules, income tax considerations, and factors that may affect beneficiaries.

Understand how tax classification affects self-storage rental income, including reporting requirements, deductions, and passive vs. non-passive considerations.

Learn how student loan interest is classified for tax purposes, the requirements to qualify, and the forms needed to claim this deduction.

Learn how to accurately complete Form 8889 for family HSA contributions, including reporting contributions, withdrawals, and adjustments on your tax return.

Understand the tax forms Twitch Affiliates may need to complete, how different earnings are reported, and the importance of accurate record-keeping.