Investment and Financial Markets

Bonus depreciation is an evolving tax deduction for business assets. Understand the critical factors, from asset qualification to the differences in federal and state tax law.

A business uses separate identifiers for state and federal purposes. Learn the distinct functions of an entity number and an EIN for proper administration.

Learn the specific IRS criteria that allow an estate to defer tax payments on a closely held business, a critical provision for preserving assets during succession.

Navigate your annual Form 940 responsibilities. This guide clarifies how state unemployment payments directly impact your final federal tax calculation.

This guide helps employers translate employee W-4 information into the correct federal income tax withholding amount using IRS calculation methods.

Understand the financial mechanics behind Service Contract Act fringe benefit rules and the options available to satisfy your monetary H&W obligation.

A donation’s tax-deductibility is tied to an organization’s specific activities. Learn the key IRS distinction between political advocacy and charitable work.

Understand how the IRS distinguishes payments for services from support funds. This classification dictates tax duties for both payers and recipients.

Federal law grants spouses automatic survivor benefits from certain retirement plans. Understand the legal framework and the formal consent needed to change this.

Gain clarity on the tax treatment of tangible property expenditures. This guide explains the principles for deciding whether to deduct or capitalize these costs.

ERISA’s trust requirement provides a core protection for plan participants by legally separating retirement assets from employer funds. Understand this key fiduciary duty.

Explore SEC Rule 17a-5, which establishes the financial reporting framework for broker-dealers to ensure accountability and support regulatory oversight.

The profit from selling business property isn’t taxed as one lump sum. Learn how gains are allocated into portions subject to different tax rates.

The timing of expense reporting can determine its tax implications. Learn the IRS rules for reimbursement to ensure payments are processed correctly for tax purposes.