Investment and Financial Markets

Explore the tax implications of sports sponsorships for small businesses and learn how to maximize deductibility while ensuring compliance.

Explore the tax implications of cataract surgery, including deductible expenses, documentation, and reporting on your tax return.

Understand the nuances of Illinois capital gains tax, including filing requirements, exemptions, and responsibilities for residents and nonresidents.

Learn how to request penalty abatement for late W-2 filings and explore eligibility criteria to avoid financial setbacks.

Learn how to accurately calculate and allocate deductions for non-Massachusetts income on your tax return, ensuring compliance and maximizing benefits.

Explore the tax implications of TSP contributions, including deductibility, Roth options, and reporting requirements.

Explore how LLCs determine income sourcing for California taxes using Schedule R, focusing on apportionment vs. allocation and its impact on tax liability.

Explore the implications of QBI loss carryover when a business closes, including tax reporting and effects on other income sources.

Understand IRS Notice CP89, its common triggers, response timeframes, and explore payment options to effectively address your tax situation.

Learn how to calculate your NJ health insurance penalty, understand exemptions, and explore the implications of noncompliance.

Explore the nuances of tax deductions for public transportation, focusing on business travel, documentation, and self-employed filing rules.

Explore the rules and limitations around dependents claiming other dependents on tax returns, including key criteria and potential conflicts.

Explore various self-employment income sources and understand their tax implications for better financial planning.

Learn how to accurately report stock capital gains and losses in Oklahoma with Form 561, including filing criteria and necessary documentation.

Learn the steps to convert a 1031 exchange property into your primary residence, including eligibility, holding periods, and tax implications.

Explore the tax implications and guidelines for unmarried parents when claiming a child as a dependent, including rules, credits, and potential consequences.

Understand how online gambling winnings are reported to the IRS and learn about your tax obligations with platforms like Bovada.

Learn how the filing date impacts your New York State tax return process, including deadlines, extensions, and post-submission changes.

Learn how to easily obtain and submit Form D-400V for your state tax payments, ensuring a smooth and efficient process.