Investment and Financial Markets

Understand how the IRS analyzes the intent behind corporate acquisitions, disallowing tax benefits when a transaction’s primary goal is tax avoidance.

Understand the state tax implications for your railroad retirement income. The rules depend on the federal distinction between Social Security and pension benefits.

A tax refund isn’t a gift, but the result of a simple calculation. Learn how your yearly tax payments are compared against your final tax liability.

Your Form 1040 tells the story of your financial year. Learn to read this key document to understand how your final tax outcome is calculated.

Explore the legal framework that allows certain individuals to transition to lawful permanent resident status without having to leave the United States.

Explore the small business CGT retirement exemption, a provision that allows owners to thoughtfully reduce tax on an asset sale and fund their retirement.

For models operating as a business, correctly identifying professional expenses is essential for accurate tax filing and financial management.

Explore how New York’s 529 plan can optimize your education funding strategy through its unique combination of state and federal tax advantages.

Understand the key strategies for reducing your Kentucky taxable income, from foundational choices to specific subtractions unique to the state.

The tax on your investments depends on more than the sale price. Understand how to correctly calculate your gain and how your income determines the rate you pay.

Understand the official SARS directive for lump sum payouts to ensure your tax liability is correctly handled before you receive your retirement or severance funds.

Fiduciaries can obtain an automatic filing extension for a trust or estate’s Form 1041. Understand the new due date and its effect on tax payment obligations.

Learn how to navigate the Minnesota Property Tax Refund for renters. This guide provides a clear path to understanding the state program and claiming your refund.

Discover how federal tax incentives for eco-friendly activities can reduce your tax bill. This guide covers eligibility, documentation, and the filing process.

Explore the evolution of U.S. income tax brackets and how shifting economic philosophies and national needs have consistently reshaped American tax policy.

Learn how Section 201 of the Trade Act provides temporary safeguard relief to U.S. industries facing serious injury from a surge in fairly traded imports.

Understand the tax withholding process for US business income earned by foreign persons, from the payer’s obligations to the recipient’s final tax filing.

Understanding sales tax on gym memberships goes beyond state law. Learn how local rules and service definitions can impact the final cost of fitness.

Understand how exchanging property for a similar asset can defer capital gains tax. Learn the financial principles behind this common investment strategy.