Investment and Financial Markets

Understanding Washington’s software tax hinges on nuanced distinctions in product development, delivery method, and how related services are sold.

Manage income volatility by applying a portion of a high-income year to the three prior tax years, which can result in a lower current tax liability.

Gain insight into the framework of the US-Bangladesh tax treaty, which allocates taxing rights to prevent double taxation for individuals and companies.

Learn how IRS Revenue Ruling 83-63 clarifies when employer-paid life insurance for your dependents is a tax-free benefit or adds to your taxable income.

Not all income is treated the same by the IRS. Learn how the classification of earned income impacts your tax return and financial planning options.

Understand the tax code’s broad definition of a partnership and how this classification, along with its exceptions, dictates tax treatment for business ventures.

Understand the criteria that determine if a fund for legal claims operates as a distinct, taxable entity and the administrative consequences of this IRS classification.

Understand the complete Indian tax return filing journey. This guide provides a structured overview for a smooth and compliant submission.

An examination of how judicial interpretation and legislative action shaped the evolving definition of a taxpayer’s principal place of business.

Understand the IRS guidelines that determine when a scholarship becomes taxable income based on how the funds are applied to your education costs.

California’s Middle Class Tax Refund has unique tax considerations. Understand the official guidance to ensure your tax return is handled correctly.

While Utah imposes no inheritance or estate tax, heirs may still face tax implications from federal laws or from income generated by inherited assets.

Translate your heat pump purchase into a tax reduction. This guide clarifies the IRS requirements and filing process for the energy improvement credit.

Understand the relationship between an LLC’s tax election and hiring W-2 employees, including the specific payroll and compliance duties required of an employer.

For retirement plans, the definition of compensation impacts contribution limits. Learn how 415 safe harbor options simplify compliance and administration.

Filing W-2 and W-3 forms requires knowing the correct SSA destination, how to prepare your submission, and when electronic filing is mandatory.

Navigate Florida’s sales tax regulations for your business. Get a clear overview of when a tax obligation exists and how to manage the state’s requirements.