Do W-2s Have to Be Printed on Special Paper?
Learn the distinct printing requirements for W-2s. The rules for employee copies differ from the scannable forms sent to the government.
Investment and Financial Markets
IRS Travel Rules for Business Expense Deductions
Navigating IRS business travel rules requires more than just keeping receipts. Learn the key distinctions and requirements for correctly deducting your expenses.
How to Calculate Break-Even EBIT for Business Decisions
Determine the point at which your sales cover operating expenses, providing a vital baseline for making strategic pricing, cost, and growth decisions.
Rev. Rul. 83-53: Impact on Shareholder Life Insurance
Explore the estate tax implications of corporate-owned life insurance. A policy’s structure is key to determining if proceeds create a personal tax liability.
What Are Federal Tax Liens and How Do You Resolve Them?
Understand the government’s legal claim on your property for unpaid tax debt and the formal administrative processes required for its resolution.
The Uniformity Clause: What It Is and How It Works
Explore the constitutional rule that governs fair taxation. Learn how it limits government power by requiring consistent tax treatment within reasonable classifications.
The BEPS Project and the Two-Pillar Solution
Delve into the global tax reform initiative aimed at aligning taxation with economic activity and learn how it reshapes obligations for multinational businesses.
ASU 2014-03: Goodwill Accounting Alternative Explained
Understand the FASB’s accounting alternative for private entities, a framework designed to lower the cost and complexity of post-acquisition goodwill measurement.
Form 14653 Instructions: How to Fill Out and File
Accurately certify your bona fide residence in a U.S. territory. This guide provides a clear walkthrough for completing and attaching Form 14653 to your tax return.
Is the Employee Retention Tax Credit Legitimate?
The ERC is a legitimate government tax credit, but widespread misinformation has created confusion. Understand the official rules to assess your eligibility.
Where to Report Class Action Settlement on Taxes?
Class action settlement payments have specific tax considerations. Learn the rules that determine what’s taxable and how to properly report the funds on your return.
Breaking Down US-Spain Tax Treaty Withholding Rates
Explore the financial framework of the US-Spain tax agreement, clarifying how it modifies standard tax obligations for individuals and businesses.
Will the Next Tax Reform Be Retroactive?
Uncertainty over tax reform often includes whether new laws will apply to past income. Learn the framework for how a tax law’s effective date is determined.
IRC 1400Z-2: Tax Rules for Opportunity Zone Investing
Explore the tax regulations under IRC 1400Z-2 for Opportunity Zone investments, from initial gain deferral to the long-term compliance for realizing benefits.
Can OCI Cardholders Get a Pension in India?
Understand the financial regulations and processes that allow Overseas Citizens of India to build a retirement income source directly within the Indian system.
Capital Gains Tax on a Primary Residence in California
Understand the tax implications of selling your primary residence in California. Learn how federal exclusion rules and state tax law interact to determine your liability.
What Is the Shared Responsibility Payment for Health Care?
Learn about the former federal tax penalty for being uninsured and how its framework informs current state-level health insurance mandates.
What Are Authoritative Pronouncements in Accounting?
Gain insight into the official guidelines underpinning reliable financial reporting and auditing, including who creates the standards and how they are organized.
What Is Worldwide Income and How Do You Report It?
Navigating U.S. tax on foreign income involves distinct rules. Learn your reporting obligations and how to use key provisions to avoid double taxation.
Does Florida Tax Lottery Winnings?
Florida may not tax your lottery prize, but that’s only part of the story. Learn how federal tax and your payout decision will affect what you keep.