Investment and Financial Markets

Gain clarity on how tax law changes affect art collectors. We examine a once-popular deferral strategy and outline the current financial considerations for owners.

Understand the tax compliance requirements for corporate interest paid to related parties. Learn how to correctly calculate and report these amounts using Form 8926.

Explore the tax principles of a forfeitable bonus, from when it becomes taxable income to the specific financial relief available if you must repay it.

A guide to adjusting your Illinois tax withholding. Ensure your take-home pay accurately reflects your personal tax situation and avoid surprises.

Navigate the tax rules for U.S. expats. This guide explains how to properly document your status and income to claim a significant U.S. tax exclusion.

Understand the function of a 501(c)(2) as a property-holding corporation for a parent nonprofit, including its distinct legal structure and compliance path.

Understand the tax rules for HAFA relocation assistance and how they differ from the treatment of canceled mortgage debt for accurate tax filing.

Learn the specific IRS criteria that define your primary home for tax purposes, a key step in qualifying for the capital gains exclusion on its sale.

Understand the crucial line between a harmless omission and a legal failure to disclose. This guide covers the duty of transparency and what makes a fact vital.

An asset’s tax basis isn’t always its original cost. Learn how basis is established for property acquired indirectly and adjusted for subsequent events.

Discover the financial policies governments use to influence climate decisions, creating a system of economic costs for emissions and rewards for clean energy.

State tax apportionment for services hinges on where revenue is sourced: the location of the work performed or where the customer receives the benefit.

Explore the enduring tax provisions of the 1989 Budget Act, a law that reformed financial practices and standardized compliance to reduce the federal deficit.

Explore an H-2B worker’s unique U.S. tax profile. Learn how time in the country determines tax residency and specific federal and state obligations.

Using an HRA for health insurance premiums depends on the specific arrangement. Learn how an HRA’s design dictates eligibility for premium reimbursement.

Learn how Kansas S corporation income flows from the Form K-120S business return to the Schedule K-1 used for a shareholder’s personal tax filing.

Explore the tax code provision that allows employer-provided meals and lodging to be excluded from income when they are integral to performing a job.