How the Taxation of Executive Compensation Works
Discover how the form and timing of executive compensation create distinct tax outcomes for both individuals and the corporations they lead.
Investment and Financial Markets
Curacao Taxes: A Breakdown for Individuals and Businesses
A balanced overview of the Curacao tax system, covering the financial obligations and advantages for resident individuals and operating companies.
What Is the 63/17 Safe Harbor for PTP Sales?
Selling a PTP interest involves complex tax rules. Learn how the 63/17 safe harbor provides a clear method for allocating your gain for tax filing.
HR 4318 and the Combat Pay Tax Exclusion
Explore the permanent tax provision for military combat pay. Understand how this affects your taxable income and strategic tax filing considerations.
AS 1305: Communicating Control Deficiencies in an Audit
Gain insight into the structured protocol auditors follow under AS 1305 to classify and report internal control findings to corporate governance.
IRS Publication 4335: Rules for Charitable Contributions
Navigate the tax implications of charitable giving. This guide clarifies the IRS rules for substantiating donations and meeting deduction requirements.
Common W2 Box 14 Codes and What They Mean
Understand the employer-specific entries in W-2 Box 14. This guide clarifies these non-standard amounts and their role in your annual tax filing.
Non Taxable Account Types for Retirement and Savings
Explore accounts that offer tax-free growth and withdrawals. Learn how this key distinction from tax-deferral helps you fund future goals more efficiently.
Can the IRS Access Your Bank Account?
The IRS can access bank funds for tax debt, but only after a specific legal sequence of notices and taxpayer opportunities to respond has been exhausted.
How Do You Get the Federal EV Tax Credit?
Learn the criteria for both buyers and vehicles to claim the federal EV tax credit, either as an immediate rebate or when filing your annual taxes.
Tax Code 62: Defining Your Adjusted Gross Income
Explore how the tax code allows for specific subtractions from your gross income to arrive at a crucial starting point for determining your tax liability.
What Is the Tax Loss Harvesting Wash Sale Rule?
Selling securities for a tax loss? The IRS wash sale rule sets important limits. See how its application can defer or even permanently disallow your claimed loss.
What Is a Dependent Agent and Its Permanent Establishment Risk?
Understand how the structure of your relationship with an international agent can unintentionally establish a taxable presence in a foreign country.
What Is the Meaning of Cost Accounting?
Learn how cost accounting provides the internal financial data managers use to analyze operational performance and guide strategic business decisions.
Saving Gig Economy Taxpayers Act and 1099-K Tax Rules
The Form 1099-K reporting threshold has been delayed, but your tax obligations as a gig worker have not. Understand the current rules and your actual tax liability.
What Is an Asset Tax and What Are Its Main Forms?
Gain a clear overview of how assets are taxed. This guide distinguishes between levies on ongoing ownership, profitable transactions, and wealth transfers.
Revenue Ruling 63-26: Ordinary Income or Capital Gain?
Unpack Revenue Ruling 63-26, which defines the tax character of contract cancellation payments based on what the payment fundamentally represents.
What the Anti-Injunction Act Means for Your Tax Dispute
The Anti-Injunction Act sets the procedural framework for tax disputes. Learn how this law determines the proper legal channels for challenging the IRS.
What Are Substantiated Employee Business Expense Reimbursements?
Gain insight into the rules that define how employee business expenses are reimbursed tax-free and the key record-keeping needed for compliance.
What Does Reclass Mean in Accounting?
Learn how reclassification adjusts financial data by moving a value to its proper account, a key process for ensuring accurate and useful reporting.