Investment and Financial Markets

Understand the IRS safe harbor for rental real estate, clarifying the distinction between a passive investment and a trade or business for QBI purposes.

State tax agencies use a structured, escalating process to collect unpaid taxes. Learn how this formal procedure works and its broad implications for your financial life.

If you take the standard deduction, you generally cannot deduct charitable gifts. Learn about the expired tax provision that temporarily changed this rule.

Learn a business owner’s complete Form 1099 responsibilities, from issuing forms to vendors to correctly reporting income from 1099s you receive.

Navigate the 2025 Roth IRA rules. Understand how your income and age interact to determine your personal contribution limit and ensure compliance.

Learn about SEC Rule 12b-20, which requires that a company’s public filings provide the necessary context to ensure the information is not misleading.

Explore the framework of Section 419, which dictates the timing and financial limits for an employer’s tax deduction for contributions to a welfare benefit fund.

Understand the circumstances under which you can claim a credit or refund for the federal diesel tax and the process for recovering overpaid funds.

Learn how a dispute over a caregiver tax deduction for an unmarried man led to a crucial federal court ruling against gender-based legal distinctions.

Explore the strategic use of a holding company and operating company to insulate assets, manage liabilities, and optimize your overall tax position.

Explore the mechanics of the clergy housing allowance, a tax provision that reduces income tax but not self-employment tax for qualifying ministers.

Explore the financial incentives for employers offering child care support. This guide covers the key considerations and mechanics for claiming this federal tax credit.

Clarify the tax treatment of workers’ compensation. Learn how these benefits can indirectly affect your tax liability through other income and deductions.

Learn how your Health Insurance Marketplace statement, Form 1095-A, is used to calculate your final premium tax credit for your federal tax return.

Learn how a new energy-efficient heat pump can reduce your tax liability through a federal credit. We explain the process from unit eligibility to filing.

Discover the tax framework for married business partners to report their respective shares of business activity on individual Schedule C forms with a joint return.

Navigate California’s estimated tax system. This guide clarifies how Form 540-ES is used to manage and submit quarterly state tax payments.