Investment and Financial Markets

Submitting a paper state tax return involves more than just an envelope and a stamp. Ensure your return is sent to the correct location for proper processing.

Understand the tax principles defining compensation and employment for FICA purposes, clarifying critical payroll obligations for employers and workers.

Explore how tax law treats below-market loans from a corporation to a shareholder, recharacterizing the transaction to create both income and a dividend.

Understand how deductions lower your income to arrive at the taxable income on Line 15 of Form 1040, the key number used to calculate your tax bill.

The legal reasoning from the Wayfair decision now extends to corporate income tax, creating new compliance duties for businesses based on revenue, not just location.

Understand the specific criteria that establish a legal duty to file a U.S. tax return, from gross income thresholds to other mandatory circumstances.

Reporting gambling winnings is required, but deducting losses isn’t always an option. Understand the tax principles that determine if you can offset your gains.

Defer capital gains tax with a 1031 improvement exchange on property you already own. Understand the required legal structure to ensure a compliant transaction.

Understand how Fort Worth’s 8.25% sales tax is structured, how it applies to transactions, and the essential compliance steps for local businesses.

Learn how to properly calculate investment income for Form 4952. This determines your interest deduction limit and involves strategic tax choices.

Explore Poland’s corporate tax system, which offers several distinct models. Learn about the conditions for reduced rates and an alternative tax deferral option.

Depreciation isn’t always a straightforward tax benefit for property owners. Explore how its advantages can be delayed, reduced, or offset by future liabilities.

Navigate the process for claiming New Jersey’s R&D Tax Credit. Learn to properly document research activities and translate them into a state tax benefit.

Explore the specific payroll taxes that support federal health insurance and learn how the funding structure differs based on income and employment status.

Find a clear path for postponing property tax payments. This guide details the process for securing forbearance and explains the resulting financial obligations.

An IRS Notice 1462 signifies a denied refund claim. This guide clarifies the basis for the decision and outlines your procedural paths for a response.

Learn how federal income tax is calculated using a system of seven marginal rates, with income ranges that shift depending on your filing status.