Investment and Financial Markets

Learn to manage the tax responsibilities that arise when a spouse passes away. This guide provides a clear path for handling final financial obligations.

Eligibility for the Head of Household filing status is determined annually. Learn how your living situation and dependent details affect your qualification each tax year.

Understand the key differences between state and federal tax rules to effectively manage your California income tax liability and financial decisions.

Understand the complete tax return journey. Our guide provides a clear path from strategic year-end decisions to final submission and post-filing steps.

Understand the factors that determine if an ebook is taxable, from how states define digital items to the rules governing sellers and buyers in a transaction.

New Hampshire does not have a capital gains tax. Understand the state’s distinct Interest and Dividends Tax and its ongoing phase-out until its 2025 repeal.

Learn how the IRS applies the accuracy-related penalty for tax underpayments and the standards taxpayers must meet to show their position had reasonable cause.

Explore the tax treatment of your PERS plan, from how contributions are handled to the federal and state rules that govern your income after you retire.

Understand the specific IRS rules for deducting private home care. This guide covers the essential requirements for medical need and which services are eligible.

Explore a legislative proposal to replace federal taxes on income with a single national tax on consumption, altering how government is funded.

Understand the function of Form 11652, an IRS questionnaire sent to taxpayers to review foreign financial account (FBAR) compliance during an examination.

Learn how contractual tax indemnification allocates financial risk for tax liabilities that may emerge after a business transaction is complete.

A clear overview of the regulations for IRA contributions, explaining how personal financial details determine your savings options and tax advantages.

Selling a rental property at a loss involves specific tax rules. Learn how the property’s use and your tax history determine how the loss is characterized and deducted.

A Tax ID number establishes your business as a distinct entity, enabling financial operations, building credibility, and safeguarding your personal information.

Defined benefit plan income is typically taxable. This guide explains when you pay taxes on pension payments and the key rules affecting your overall liability.