Investment and Financial Markets

Understand the financial and tax implications of payments from a corporation, from the source of the funds to how it impacts your investment’s cost basis.

Understand how the IRS distinguishes payments for services from support funds. This classification dictates tax duties for both payers and recipients.

Learn how the timing of a Chapter 7 filing impacts your Child Tax Credit. This guide covers the legal distinctions and procedures for protecting your refund.

Clarify the distinct tax treatment of Combat-Related Special Compensation, a key detail for military retirees to accurately file and manage their income.

Learn how Rev Proc 2015-32 provides a simplified IRS method for businesses to remedy a late S Corp election by demonstrating reasonable cause for the delay.

Explore the tax journey of an ESPP, from the after-tax nature of contributions to how holding periods define your profit as income or capital gain.

Federal law grants spouses automatic survivor benefits from certain retirement plans. Understand the legal framework and the formal consent needed to change this.

This guide details a clear path for businesses to resolve an improper ERC claim through the IRS’s Voluntary Disclosure Program and mitigate potential issues.

Gain insight into the Cambridge, MA property tax system. Learn how your annual assessment is determined and discover options for managing your tax obligation.

Unpack the nuanced rules of New York’s food sales tax. Learn what transforms a simple grocery item into a taxable prepared meal in the eyes of the state.

This plan proposes adjusting tax obligations for corporations and high-income individuals while expanding financial relief for families and workers.

While the IRS can collect unpaid taxes from Social Security, specific regulations and taxpayer rights apply. Learn how the process works and your available options.

Learn how to use IRS Form 8952 for the VCSP, a program that helps employers correct worker classification and limit federal employment tax liability.

Understand the steps for reporting out-of-pocket classroom expenses to correctly adjust your income and ensure you receive your full tax benefit.

Gain insight into the federal requirements that govern tax-exempt organizations, from their legal formation to their ongoing operational responsibilities.

Navigate India’s tax laws on income from house property. This guide covers the core principles for calculating taxable rent and managing your final obligations.

Georgia’s LIFE Act allows a $3,000 state tax deduction for an unborn child with a detectable heartbeat, reducing a qualifying taxpayer’s taxable income.

Filing Form 5500 depends on your plan’s specifics. Learn how participant count, funding, and plan structure determine your annual reporting requirements.