Investment and Financial Markets

Explore the essential tax rules for donor-advised fund giving, from how contributions are valued to the process for correctly claiming your deduction.

Understand Montana’s distinct standard deduction, how it’s calculated, and when it’s a better choice for reducing your state tax than itemizing.

A state can access a bank account for certain debts through a regulated process. This action is governed by rules that protect specific funds and provide response options.

Understand how the cost of an income-producing property is systematically recovered as a non-cash tax deduction and the key implications for investors.

Trace the evolution of the lifetime gift tax exemption. Understand the key legislative shifts and policy decisions that define its role in modern estate planning.

Address the tax mismatch in self-rental situations. This election recharacterizes passive rental activity to offset losses against non-passive business income.

This guide explains the post-TCJA framework under Treas. Reg. §1.960-1 for computing deemed paid foreign tax credits on Subpart F and GILTI inclusions.

This guide explores the AICPA’s ethical framework for maintaining professional objectivity by identifying and managing potential conflicts of interest.

Navigate the formal requirements for your organization’s tax-exempt status, from preparing foundational documents to fulfilling federal and state obligations.

Understand the compliance and documentation steps required for employers to successfully claim the federal Work Opportunity Tax Credit for eligible hires.

Understand the IRS’s framework for transaction transparency. Learn how to determine if your financial activities require special disclosure to maintain compliance.

Understand how physical presence in Illinois can create a presumption of tax residency and why proving your domicile is the key to accurate state tax filing.

Understand the specific criteria that determine when a charitable contribution is officially made for tax purposes, ensuring your generosity is properly recorded.

Find out how the IRS treats a loss on a timeshare sale. The distinction between personal enjoyment and a profit motive is key to determining tax deductibility.

Understand the tax principles for your pension or annuity income. This guide clarifies how distributions are treated to ensure accurate tax reporting.

A stock swap can create complex tax situations for investors. Learn how the specifics of the exchange determine your tax obligations, both now and when you sell.

Understand the inherent flexibility in FBAR filing deadlines and the specific procedures for remaining compliant if you’ve missed the due date.

Explore how the General Welfare Exclusion treats certain government aid as non-taxable income and the framework required for program compliance.

Deducting your business vehicle involves more than tracking miles. Learn the IRS rules for qualifying use and the two methods for calculating your write-off.