Investment and Financial Markets

Understand the inherent flexibility in FBAR filing deadlines and the specific procedures for remaining compliant if you’ve missed the due date.

Explore how the General Welfare Exclusion treats certain government aid as non-taxable income and the framework required for program compliance.

Deducting your business vehicle involves more than tracking miles. Learn the IRS rules for qualifying use and the two methods for calculating your write-off.

Explore the mechanics of the generation-skipping tax exemption for strategic wealth transfer and learn how its unique rules impact multi-generational estate plans.

Navigate California’s tax withholding for nonresident property sellers. This guide clarifies the compliance process and the official forms required for your transaction.

An executor’s guide to the alternate valuation election, balancing immediate estate tax savings against the future tax implications for beneficiaries.

Understand how your economic investment in an S corporation governs the amount of business losses you can deduct on your personal tax return.

A guide to correctly reporting interest and dividend income. Learn the process for completing Schedule B and connecting the totals to your Form 1040.

Reconcile your 2022 advance premium tax credit with your final income using Form 8962 to ensure you claim the correct amount or determine what you may owe.

Understand the annual election available to certain partnerships for shifting IRS audit responsibility and tax liability away from the entity to the partners.

Understand the tax framework for your network marketing business. Learn how to properly substantiate and report your expenses to lower taxable income.

Determine if you owe the Alternative Minimum Tax. Our guide explains how specific financial situations trigger this parallel tax and walks through the calculation.

Explore the specifics of claiming itemized deductions on an Arkansas tax return to ensure you are accurately calculating your state taxable income.

Explore the fundamentals of New Hampshire’s Business Enterprise Tax, a liability calculated from certain business expenditures rather than from profits.

Understand your New Jersey tax obligations as a self-employed professional. Learn how the state’s income tax applies to your net business profits for proper compliance.

An examination of the legal test established in *Cramer v. Commissioner* for timing charitable stock donations during a corporate acquisition.

Understand the tax implications of an In Trust For (ITF) account. Tax responsibility for earnings and the final inheritance shifts from the owner to the beneficiary.

Learn the complete compliance process for reporting business rent on Form 1099-MISC, from determining who gets a form to proper filing procedures.