Investment and Financial Markets

Understand how life insurance proceeds, estate taxes, and policy withdrawals are treated under Illinois tax laws to make informed financial decisions.

Learn who qualifies for Kansas student loan forgiveness, how to apply, potential tax implications, and common reasons applications may be denied.

Understand the tax treatment of lease acquisition costs, including capitalization, amortization, and key considerations for accurate financial reporting.

Understand how interest on CDs is taxed before maturity, including annual reporting, potential penalties, and tax withholding considerations.

Understand how the Substantial Presence Test (SPT) determines U.S. tax residency, key calculation methods, and potential exemptions that may apply.

Learn how to pay off your IRS installment agreement early by understanding payment options, finalizing your balance, and ensuring proper account closure.

Understand how MUD taxes impact homeowners, the factors that influence their duration, and what happens when municipal authorities assume control.

Learn how Form 1095-C affects your tax return, including its role in employer coverage, potential premium credits, and income-related refund factors.

Learn how to efficiently file your taxes using iPad tax software, from setup to submission, while ensuring accuracy and a smooth filing experience.

Learn when a youth sports team may need a Tax ID, how nonprofit status affects requirements, and the steps to stay compliant with tax regulations.

Learn how to accurately complete Form IT-203-ATT, ensuring proper income allocation, deductions, and tax adjustments for nonresidents and part-year residents.

Understand the key differences between short-term disability and paid family leave, including coverage, funding, eligibility, and tax implications.

Stay informed on the latest PPP loan extensions, updated forgiveness rules, and key deadlines to ensure compliance and maximize financial relief.

Understand the key factors that determine a temporary work location, including duration, tax implications, reimbursements, and documentation requirements.

Understand how part-time work impacts your taxes, including withholding, deductions, and potential savings based on income and tax brackets.

Understand the tax responsibilities of photographers, including income classification, reporting requirements, and potential consequences of nonpayment.

Understand how sponsorships and donations differ for tax purposes, including classification, documentation, and financial reporting considerations.

Understand why your tax return only shows a cover page, what details it typically includes, and how to access the full document if sections are missing.