Investment and Financial Markets

Learn how to properly structure and operate a 501(c)(7) social club to meet IRS requirements for obtaining and maintaining tax-exempt status.

The ACA’s Cadillac Tax was a provision designed to curb healthcare costs but was repealed before it took effect due to broad political opposition.

Selecting a retirement plan requires non-profits to weigh plan structures, contribution strategies, and the administrative duties that follow.

Learn how a stock redemption works, from the corporate strategy driving the buyback to the critical tax rules determining the shareholder’s outcome.

Explore how Rule 144(c) enables the resale of restricted securities by requiring current public information to ensure investors are adequately informed.

Clarify the use of the 541990 NAICS code, a catch-all for unique professional services, to ensure accurate business classification for tax and lending purposes.

Understand the link between your bank deposits and tax obligations. Inadequate proof of income can lead to financial adjustments and penalties by tax agencies.

Discover how Texas’s unique tax structure influences your federal tax obligations, from how you can claim deductions to how income must be reported.

Defining your residency in South Carolina goes beyond a simple timeframe. Understand the key factors and varying requirements for different official purposes.

Learn how an Electing Investment Partnership modifies the U.S. tax treatment of trading income, a crucial consideration for funds with foreign partners.

Your property tax bill is based on local valuations and budget needs. Learn how this essential homeowner expense is structured and how you can manage it.

While an amended return corrects errors, changing a prior year’s accounting method with Form 3115 follows a distinct process for the current tax year.

For S corporations filing in Minnesota, Schedule M-1C reconciles federal income with state-specific adjustments to determine MN net income for your return.

Iowa’s alternative minimum tax was repealed, but you may still qualify for a credit on current tax returns if you paid this tax in prior years.

Develop a foundational understanding of how income taxes function, from the money you earn to the final calculation of your tax obligation.

Understand how the date of your divorce instrument determines if alimony payments are considered taxable income or are received tax-free.

Discover how an S Corp ESOP facilitates employee ownership and provides unique tax efficiencies, while requiring careful financial and regulatory management.

Determining your payroll withholding has changed. Get clear guidance for the Head of Household filing status with one child to ensure an accurate outcome.