Investment and Financial Markets

The duration of a rental lease is defined by the agreement between a landlord and tenant, guided by specific, but often minimal, legal requirements.

Understand your business’s tax obligations in Rhode Island. Our guide details the state-specific rules for determining liability and ensuring compliance.

Learn how partnerships can use Rev. Proc. 96-58 to revoke a Section 754 election when its administrative burden no longer justifies the tax benefits.

Understand the evolving Kansas food tax. Learn how the state’s rate reduction and a separate, claimable refund for eligible households affect your finances.

Understand the tax implications when a trust realizes capital gains. Explore how compressed tax rates and distribution strategies affect the total tax paid.

Receiving an IRS Notice of Deficiency begins a formal legal process. Learn the procedural steps and critical deadlines for preserving your right to dispute a tax assessment.

Understand how to leverage the tax system to manage diabetes-related costs. This guide explains the nuances of the medical expense deduction.

Understand the specific federal tax requirements for claiming a domestic partner as a dependent, which go beyond state or local relationship definitions.

Taxpayers age 65 or older or who are legally blind can take a higher standard deduction. Understand the specific IRS rules to accurately lower your tax liability.

Explore the tax treatment for health care sharing ministry members. Learn how monthly payments are viewed by the IRS and which medical costs may be deductible.

Clarify how tax withholding for supplemental income like bonuses is calculated and how these prepayments factor into your final annual tax liability.

Understand the federal tax implications of a state or local tax refund. Learn how your prior year’s filing choices determine if it counts as income.

Learn how filing Form 8843 is an essential step for non-resident aliens to correctly document their presence in the U.S. for tax residency status.

Your 401k contributions and your employer’s match are subject to separate IRS limits. Learn the distinction to help inform your retirement savings strategy.

An analysis of the landmark Medtronic tax dispute, focusing on the complex valuation of intellectual property and the precedents set for intercompany transactions.

Understand the Educator Expense Deduction, an above-the-line tax break for K-12 teachers to offset unreimbursed classroom costs.

You can make a prior-year HSA contribution until the tax filing deadline. Understand the key rules for eligibility and how to report it for a tax deduction.