Investment and Financial Markets

Understand the IRS review process for your Form 1023-EZ application. This guide covers the journey from submission to establishing your new 501(c)(3) status.

Navigating sales tax on jewelry involves rules that extend beyond the point of sale. Understand the key tax obligations for both consumers and retailers.

An income tax in Texas would rebalance its fiscal structure. This analysis weighs the potential for new revenue against the impact on its economic model.

Clarify the financial implications of California’s Form 565 and 568. Learn how your entity choice affects entity-level taxes and pass-through reporting.

The PA REV-183 Statement of Value is a foundational document in property transfers, providing the official valuation for assessing the realty transfer tax.

Learn how depreciation allows real estate investors to reduce taxable income by accounting for a property’s cost over time and its tax impact upon sale.

The financial impact of a commercial leasehold improvement hinges on its tax classification, which governs its depreciation and eligibility for accelerated deductions.

Giving money to your children involves specific tax considerations. Learn the framework for tax-free gifts, including annual limits and other key provisions.

An analysis of tax data shows the answer to who pays the most depends on the metric used, from total dollars contributed to the rate paid on income.

Learn the proper tax compliance for paying non-U.S. individuals. A worker’s tax residency, not their citizenship, determines the correct reporting obligations.

Managing the taxes on lottery winnings goes beyond the initial withholding. Learn how your payout choice determines your final tax bill and payment obligations.

U.S. law effectively ended the use of anonymous bearer shares, mandating a registered ownership system to increase financial transparency and prevent illicit use.

Understand the tax implications of an Oregon Lottery prize. This guide covers how winnings are handled by the state and IRS, from initial withholding to filing.

Inheriting C Corp stock provides a basis step-up for the shares, but not for the corporation’s assets, a key distinction affecting potential tax liability.