Investment and Financial Markets

Green taxes are an economic tool designed to integrate environmental costs into the market, influencing both commercial and social outcomes.

Get a clear overview of Tennessee’s tax obligations. Learn how the state’s tax system functions for residents and businesses in the absence of an income tax.

Learn the key financial rules governing a Dependent Care FSA. Understand how this pre-tax benefit can impact your taxes and help you pay for care.

An IRS Notice CP210 indicates a change to your tax account. Learn how to interpret this adjustment and follow the correct process for your response.

Understand the Single Audit process for federal awards. This guide explains the framework for maintaining compliance and demonstrating financial accountability.

Selling a security at a loss and repurchasing it has specific tax consequences. Learn how the wash sale rule defers, rather than eliminates, a loss deduction.

The US-Brazil tax treaty is not in force. Understand the current rules for cross-border income and how they differ from the proposed agreement.

Your income level is a key factor in deducting mortgage insurance payments. Understand the tax guidelines for this common homeownership expense.

Learn how a manufacturer’s certification provides the starting point for a tax credit and how that preliminary amount is subject to personal tax limitations.

An S Corp election changes how your SMLLC’s profits are taxed. Understand the financial implications and new administrative duties of this tax structure.

Over-contributing to a tax-advantaged account can trigger a recurring penalty. This guide explains how to fix the error and satisfy IRS requirements.

Explore how Idaho and Washington’s distinct tax structures affect your personal finances, homeownership costs, and business revenue.

Understand how to use education costs to reduce your tax bill. This guide clarifies IRS requirements for qualifying expenses and the process for claiming benefits.

Gain insight into the state tax framework for multi-entity corporations, focusing on how business integration determines a group’s combined tax liability.

Explore how Form 8879 functions as your legal signature for an e-filed return, confirming your final review and authorizing your preparer to submit it.

Understand the IRS’s basis for an immediate tax collection action and the formal process available for a prompt administrative and judicial review.

Examine the tax implications of employee discounts, from the general rule defining them as compensation to their interaction with statutory exceptions.

Understand the financial details of leasing a car in California. Our guide clarifies how tax is applied to your payments and other costs throughout the lease term.