Investment and Financial Markets

Understand how a key tax deduction reduces your taxable income. Learn how the amounts are set and choose the most beneficial strategy for your tax return.

Understand how West Virginia’s income tax applies to your pension. A state deduction for eligible retirees can significantly reduce your tax liability.

Understand the function of Form 1040-SE for meeting your Social Security and Medicare tax obligations and how it integrates with your annual Form 1040 filing.

Understand the distinct tax obligations for earning income in California while living in another state, including how your liability is calculated and resolved.

Explore the IRS’s official resolution system for correcting retirement plan errors and preserving your plan’s essential tax-favored status.

Explore the BBA’s default method for assessing partnership tax adjustments and the procedural pathways available to manage the final financial outcome.

Explore the annual Form 8893 election, a choice for partnerships with a specific partner composition to opt out of the centralized BBA audit regime.

Reduce your business’s tax liability by providing employee health insurance. This guide details how to correctly determine and claim this valuable federal credit.

See how STPG functions as a financial intermediary, processing your IRS refund to cover tax preparation costs before sending you the balance.

Learn how Form 8878 provides the necessary authorization for a tax professional to e-file a tax extension on your behalf, acting as your consent.

The federal Used Clean Vehicle Credit can lower the cost of a used EV by $4,000. Learn the process for meeting the requirements and receiving the benefit.

Navigate the provisions of U.S. tax treaties to correctly claim benefits, lower tax withholding, and avoid double taxation on cross-border income.

Gain clarity on the New York S Corp franchise tax. This guide explains the different calculation methods and procedural obligations for state compliance.

Learn how tax indemnity functions as a risk management tool in business deals, allocating financial responsibility for pre-existing tax liabilities.

Understand the IRS rules for your tax-favored health account. This guide covers contribution limits, qualified expenses, and tax reporting requirements.

Hiring for your single-member LLC? The difference between a contractor and an employee is determined by law, not preference. Get the facts to avoid costly errors.

Move beyond annual tax prep. Learn how ongoing financial and structural decisions can be strategically managed to improve your company’s tax outcome.