Investment and Financial Markets

Understand South Dakota’s 4% vehicle excise tax and the official process for titling and registration to ensure a smooth transfer of ownership.

Confirm your tax standing with federal and state authorities. Learn the process for verifying if you have a balance and understand your next steps.

Florida has no state income tax, but your Social Security Disability benefits may still be taxable depending on your overall income level.

Selling a business triggers a tax liability. Discover how your company’s legal form and the structure of the transaction will impact your final net proceeds.

Discover the requirements and steps for revising an existing IRS installment agreement to include a new tax liability and consolidate your payments.

Understand the process for changing your business’s tax classification. This guide explains how to properly prepare and file IRS Form 2553 for an S corp election.

Understand the 45U credit, a federal incentive for clean fuel producers that depends on meeting specific emissions and labor standards to maximize its value.

Calculating tax on passive income involves several layers. See how the source of your earnings and your overall income level determine the final tax treatment.

Learn how 403(b) plan contributions affect your taxable income. This guide clarifies the tax rules for both employee and employer funds and how to read them on your W-2.

Discover when you can report interest and dividend income directly on Form 1040 and bypass Schedule B, based on income limits and other filing situations.

Understand New Jersey’s progressive tax structure and the process for accurately applying the correct rates to your specific income and filing situation.

Understand the IRS’s fairness-based review for granting equitable relief and resolving a joint tax liability that isn’t your responsibility.

Explore the tax consequences for shareholders receiving cash or other property in a corporate reorganization under IRC Section 356 and its effect on gain.

Understand the procedural steps required to grant a power of attorney to a tax professional, ensuring your Form 2848 is filed correctly.

Learn how direct tuition payments to a school are excluded from gift tax and how this benefit functions independently of the annual gift exclusion.

Explore the financial recovery process for timber owners, detailing the tax treatment for casualty losses and the subsequent costs of reforestation.

Delve into AICPA Rule 202, which establishes adherence to professional standards as a fundamental principle of ethical conduct for members.