Investment and Financial Markets

Clarify the tax treatment of corporate payments made to a surviving spouse. Learn how IRS rules differentiate between a deductible expense and a non-taxable gift.

Futures are exempt from the wash sale rule, but a unique tax system governs how gains are treated and how losses from offsetting positions are deferred.

A Section 409A separation from service has a specific tax definition that impacts deferred compensation and is distinct from a standard termination.

Explore the optional IRS safe harbor under Rev. Proc. 2009-20, which provides a simplified framework for deducting theft losses from fraudulent investments.

Understand how a pre-tax parking benefit can lower your taxable income. This guide explains the financial mechanics and the important rules for managing your funds.

Navigate your business’s sales tax remittance duties. Understand the core requirements and procedures for submitting accurate, timely returns and payments.

Understand your tax obligations in Utah. This guide explains the state’s flat income tax, variable sales tax rates, and locally-managed property tax.

Learn the complete process for farm asset depreciation. Understand how to recover costs over time, make strategic deductions, and manage your business’s tax liability.

A new patio can increase your home’s value and, consequently, your property taxes. Learn how assessors value this improvement and what triggers a reassessment.

Explore the tax treatment of Section 306 stock, a rule designed to prevent the conversion of corporate dividend income into capital gains.

Understand how Arizona treats capital gains as ordinary income and the specific state-level subtractions available to reduce your taxable amount.

Understand the guidelines for accessing your NC 529 funds to preserve their tax-advantaged status and avoid unintended financial consequences.

Learn how S corporations use Form 8553 to adopt a fiscal tax year, aligning tax deadlines with the company’s natural operational and financial cycle.

Understand the function of IRS Form 4506-A and the official process for requesting public tax filings from exempt or political organizations.

Learn if you must file a NJ Inheritance Tax return. The requirement depends on your specific relationship to the decedent, not the total value of the estate.

Explore the required annual testing that ensures your retirement plan is compliant and does not disproportionately benefit certain employees.

Learn how unpaid business payroll taxes can become a personal financial obligation. This overview explains the IRS framework for assigning liability and resolving the debt.

Explore legitimate methods for minimizing your tax burden. Learn the foundational strategies that can help you manage your financial obligations more effectively.

Filing taxes without a W-2 requires a specific approach. Learn how to meet your obligation to report all income and file an accurate return on time.