Investment and Financial Markets

Choosing to itemize over the standard deduction requires careful calculation. This guide explains the rules, AGI thresholds, and dollar limits to help you decide.

Understand the financial framework for ADA compliance, from classifying expenditures to leveraging tax incentives that can offset accessibility investments.

See how Vermont taxes retirement income. A state-specific tax credit for eligible retirees and other exemptions can lower or even eliminate your tax bill.

Learn the process for calculating your car’s depreciation for business taxes, from establishing its initial cost to applying the correct annual rules.

Understand the 15% Corporate AMT, a tax on the book income of large firms that changes how liability is calculated and creates future tax credits.

Explore how combining higher taxes with lower government spending works to adjust economic activity, creating a complex set of trade-offs for growth, prices, and budgets.

Understand Form 1065, the informational return that details a partnership’s finances and translates them into tax obligations for individual partners.

A tax extension isn’t a red flag. It’s a tool for an accurate return, but it’s crucial to understand its impact on your payment deadline.

Understand the tax treatment of inherited assets. A basis adjustment at the time of death can reduce the capital gains tax liability for beneficiaries upon sale.

Explore the framework governing US-Malta cross-border taxation for individuals and businesses, including key recent modifications and compliance procedures.

Unclaimed 2020 tax refunds are still available for those who haven’t filed. Learn the steps for submitting a past-due return and what can affect your final amount.

Gain insight into Puerto Rico’s property tax system, which relies on a distinct assessment process and offers significant exemptions for homeowners.

An in-depth look at the distinct tax philosophies of New Mexico and Texas and how they create different financial outcomes for residents and companies.

Gain clarity on Nevada’s car tax, how it’s tied to your vehicle’s value, and the specific circumstances that can lower your annual payment.

Accurately reporting a like-kind exchange is essential for tax deferral. Understand the complete documentation process and its integration with your tax return.

While an FSA is an employer-based benefit, self-employed individuals have other tax strategies available for managing out-of-pocket medical costs.

Learn how your contribution to a qualifying Arizona charity can directly reduce your state tax liability through a dollar-for-dollar credit.

Explore the shift in partnership tax law, from a former rule that terminated entities based on ownership changes to the simplified standards in effect today.