Investment and Financial Markets

Understand the professional standards guiding a CPA’s ethical judgment in tax practice, shaping responsibilities for returns and client advisement.

Explore how 11 U.S.C. § 106 balances sovereign immunity with a debtor’s rights, defining the legal pathways for holding government entities accountable in bankruptcy.

An S Corp allows owners to separate salary from distributions. Understanding this distinction is key to correctly managing your self-employment tax liability.

Discover how Public Law 114-113 provided long-term certainty by enacting permanent policy shifts affecting personal finance, business, and national security.

Withdrawing from your 401k is a major financial step. Get a clear overview of the regulations and procedures to protect your retirement savings.

Arkansas has enacted new tax legislation. Understand the updated tax rates and credits and see how they affect individuals, homeowners, and businesses.

Navigate Venezuela’s tax landscape with a clear overview of the financial obligations impacting individuals and companies, from earnings to commercial activity.

Explore the tax rule that recharacterizes certain partnership property distributions, turning a non-taxable return of capital into a taxable sale or exchange.

Examine the pass-through tax structure of a limited partnership, detailing how partner roles and specific loss limitation rules shape the final tax outcome.

For exempt individuals, the Form 8843 deadline is determined by your tax return obligations. Learn how this connection establishes your correct due date.

Learn the essential rules for employee travel reimbursement, from the IRS framework for tax-free payments to proper expense substantiation.

Navigate the process for the home energy tax credit. Learn how specific HVAC efficiency ratings and proper documentation can reduce your federal tax liability.

Understand the process for converting employer-paid FICA taxes on employee tips into a general business credit for your food or beverage establishment.

Learn about Form 8453, the required transmittal used to mail certain paper documents to the IRS after you have electronically filed your tax return.

A part gift, part sale transaction has distinct tax implications for both parties involved, affecting immediate reporting and future capital gains.

Learn about the 2503(b) trust, an estate planning tool that leverages mandatory income distributions to qualify a portion of a gift for the annual exclusion.