Investment and Financial Markets

Unused deductions from a finalized estate or trust can pass to a beneficiary, providing a direct tax benefit under current federal tax regulations.

Understand the tax framework for gains and losses when you sell assets. Learn the core principles that determine the financial impact on your annual tax return.

For those with financial ties to the US and Netherlands, this guide clarifies how the tax treaty coordinates tax obligations to prevent double taxation.

Explore how employers can structure disaster relief payments to employees so the assistance is not considered taxable income for the recipient.

Selling a depreciated asset can create a significant tax liability. Learn the critical strategic differences between deferring this tax and eliminating it entirely.

Learn how a unique U.S. Tax Court doctrine provides predictable outcomes by aligning its rulings with the legal precedent of a specific appellate circuit.

Your employer tax deposit schedule for Form 941 depends on specific rules. Learn how to determine your requirements and make proper payments to the IRS.

Learn the precise relationship between property tax and real estate tax. This key distinction clarifies how various assets, from homes to vehicles, are categorized and taxed.

Formally discarding business or investment property involves key tax considerations. Understand the process for claiming an abandonment loss and its tax treatment.

Understand the key distinctions between IRS relief procedures for late business tax elections to ensure you select the correct path for your specific situation.

Explore the evolution of U.S. corporate tax, a system continually reshaped by economic crises, shifting political thought, and national priorities.

While many nonprofits are exempt from federal income tax, they still navigate complex obligations based on income type and federal, state, and local laws.

Legislative proposals targeting Section 1031 could reshape investment strategy. This analysis covers the financial and economic shifts under consideration.

The tax treatment of life insurance in a trust involves more than the death benefit. Understand how trust structure dictates estate and ongoing income tax outcomes.

The Work Opportunity Tax Credit rewards employers for inclusive hiring, but accessing the benefit requires careful adherence to specific federal guidelines.

Explore the BBA partnership audit concept of a restricted interest, which mandates how tax adjustments must flow through tiered pass-through entity structures.