Are Per Diem Meals 100% Deductible?
Navigating per diem meal deductions requires understanding current tax rules, not expired ones. Get clarity on deduction limits and essential travel records.
Navigating per diem meal deductions requires understanding current tax rules, not expired ones. Get clarity on deduction limits and essential travel records.
Understand the key differences in how retirement accounts are taxed, funded, and accessed to choose the right strategy for your long-term financial goals.
Received a tax form for your HSA distribution? This guide clarifies how these withdrawals are classified and what it means for your annual tax return.
Your HSA benefits can extend globally. Learn the key IRS principles that determine if medical expenses from another country are eligible for tax-free funds.
Understand the procedural requirements of UTCR 21.090 for filing a civil case into Oregon’s mandatory court-annexed arbitration system.
An analysis of the windfall profits tax on oil, covering its structure, potential economic implications, and its role in contemporary policy debates.
Learn how to lower your tax liability with the federal EV charger credit. This guide covers current requirements and the process for filing on your tax return.
Explore the tax implications of Revenue Ruling 71-28, which classifies payments for relinquishing seniority rights as ordinary wages, not capital gains.
Ensure your Dependent Care FSA plan remains a valuable, tax-free benefit by understanding the annual testing needed to prove fairness and compliance.
Understand the key legal and procedural obligations for Michigan nonprofits seeking to reduce their tax burden through a property tax exemption.
Understand the financial and procedural steps for securing Iowa’s solar tax credit, from its relation to federal incentives to filing with your state return.
Learn how IRS Section 385 regulations distinguish corporate debt from equity and what documentation is required to defend valuable interest expense deductions.
Understand your New York State employment tax obligations. This guide provides a practical overview for establishing and maintaining ongoing compliance.
Your 401(k) presents a choice between a hands-on investment role and a delegated service. Learn which path better aligns with your personal financial strategy.
Understand the principle of fair taxation where an individual’s ability to pay determines their proportional share of the overall tax burden.
Learn the structured steps for communicating with the IRS, from gathering financial data to submitting the necessary requests for a final resolution.
Scholarship money isn’t always tax-free. How you spend the funds is the key factor in determining if your financial aid is considered taxable income.
Understand the process for Form 1040-PR, used by Puerto Rico residents to report self-employment income, calculate tax, and access valuable tax credits.
Learn the requirements for extending your Wisconsin tax filing deadline and the correct procedure for paying estimated taxes to avoid interest and penalties.
Understand New Jersey’s approach to capital gains and learn how strategic planning can help manage your tax liability on assets, real estate, and inheritance.