Investment and Financial Markets

Learn how tax rules apply to family loans, including documentation requirements, interest rates, and potential deductions for unpaid debts.

Learn how business casualty losses are assessed, what factors impact deductibility, and how insurance and recordkeeping play a role in financial recovery.

Learn the key eligibility factors for the American Opportunity Tax Credit, including income limits, student status, and qualified education expenses.

Understand what qualifies as active participation in rental property management, including key responsibilities and tax implications for property owners.

Understand key regulations for IHSS live-in providers, including tax treatment, wage calculations, and compliance requirements to ensure accurate reporting.

Understand how New Jersey state tax rates vary based on income, filing status, and available deductions, plus key considerations for residents and nonresidents.

Not sure how to start filing taxes after years of non-filing? Learn how to determine your obligations, address past returns, and set up a plan to catch up.

Understand the requirements for active real estate professional status, including participation rules, qualifying activities, and tax implications.

Understand why Arizona state income tax may not be withheld from your paycheck and learn how to verify, adjust, and ensure accurate tax deductions.

Learn when to use the 1099-S certification exemption form, what data is required, and how it fits into real estate transactions and tax reporting.

Learn how AZ 529 contributions may qualify for a state tax deduction, the limits that apply, and the forms and documentation needed to claim it.

Understand the tax deductibility of gala tickets, including eligibility, deductible amounts, and documentation requirements for accurate tax reporting.

Understand Wisconsin’s tax system with a breakdown of income, sales, property, and excise taxes, including rates, tiers, and key factors that impact taxpayers.

Understand the 8938 filing threshold, how it varies by status, which assets must be reported, and the potential consequences of noncompliance.

Learn how AZ Form 301 consolidates tax credits and how it works alongside Form 309 for accurate tax reporting in Arizona.

Learn how Virginia’s tax rules apply to 529 plan contributions, including deduction limits, carryforward options, and key filing considerations.

Understand when and how to report alimony received from a former spouse, including key criteria, tax implications, and necessary documentation.

Learn how to file taxes for an incarcerated son, including eligibility, required documents, and managing refunds or payments on his behalf.

Understand how Box 10 impacts insurance reimbursement refunds, including eligibility, reporting requirements, and proper recordkeeping practices.