Investment and Financial Markets

Understand the tax rules for Certificates of Deposit. Interest is typically taxed as ordinary income annually, even before your CD matures.

Learn how Section 267A neutralizes tax benefits from inconsistent cross-border treatment and the analysis required to substantiate U.S. tax deductions.

The tax implications of an asset sale depend on specific triggers. Learn how profit, prior deductions, and the transfer itself dictate your obligations.

Explore the practical advantages of filing taxes by mail. This traditional method offers a straightforward approach for taxpayers seeking an alternative.

The CARES Act temporarily altered tax deduction rules to incentivize charitable giving, creating new opportunities for both individual and corporate donors.

Learn the process for an Idaho partnership return, from determining your filing obligation to calculating pass-through withholding and submitting the final forms.

Learn how Section 421 governs employee stock option tax treatment, creating different financial outcomes based on how and when the acquired shares are sold.

Understand the financial mechanics of a PTO cash-out, from determining its gross value to the tax rules that impact your final payment.

Understand how the gradual phase-out of bonus depreciation impacts your ability to deduct asset costs and what it means for your business’s tax strategy.

Understand the tax implications of your dividend income. The rate you pay depends on key factors like your income level and the dividend’s classification.

As a rideshare driver, you’re a business owner. This guide clarifies the process of filing Schedule C to accurately report your net profit and meet tax obligations.

While you don’t claim the $7,500 EV credit on your taxes when leasing, learn how the benefit can be passed to you to reduce your monthly payments.

An irrevocable non-grantor trust functions as a separate taxpayer by design. Understand the framework that requires a permanent transfer of asset control.

Learn how North Carolina’s tax processing schedule aligns with the IRS and what factors influence the timeline for receiving your state tax refund.

Explore a structured IRS pathway for businesses to voluntarily reclassify independent contractors as employees and mitigate past employment tax exposure.

Many F1 students are eligible for a US tax refund due to their unique tax status. Learn how to navigate the filing process and claim money you may be owed.

Understand the one-time DC vehicle excise tax, a fee based on a car’s value, weight, and fuel economy when it is first titled in the District.

An HSA offers significant tax benefits, which invites IRS scrutiny. Understand how to properly manage your account to ensure compliance and avoid costly mistakes.