Investment and Financial Markets

Discover the customs framework for sending charitable goods to the U.S. duty-free by correctly applying the Section 321 provision.

Understand the U.S. branch profits tax, a levy on deemed repatriated earnings that creates tax parity between a foreign corporation’s branch and a subsidiary.

Examine the key provisions of the proposed Family Fairness Act, a bill that could establish a new pathway to lawful permanent residence for long-term U.S. residents.

Learn how government mortgage assistance reported on Form 1098-MA adjusts the mortgage interest deduction you can claim on your tax return.

Understand the IRS resolution process from start to finish. This guide helps clarify your tax situation and explains the available options for getting back on track.

Receiving an IRS audit notice involves a defined process. Learn about the examination flow, communication with the agency, and how outcomes are determined.

Discover the structural and tax distinctions that define various 401k plans, providing insight into the right options for your financial situation.

Understand the framework for U.S. federal income tax compliance for foreign businesses, including how various activities and structures impact reporting obligations.

Installing an energy-efficient tankless water heater can reduce your tax bill. This guide details the process for homeowners to claim this federal credit.

Gain clarity on tax preparation fees by learning how preparers assess your financial profile to determine the final cost for filing your return.

Understand the considerations and permanent consequences for ministers and religious members seeking an exemption from self-employment tax on religious grounds.

Learn the key rules and limitations for 2022 itemized deductions to determine if you can lower your tax bill below the standard deduction amount.

Understand the U.S. tax compliance framework for foreign grantor trusts, from classification criteria to the distinct reporting obligations for the trust and its owner.

While Alabama has no inheritance tax, heirs may face other tax considerations. Learn about federal estate tax rules and taxes on inherited asset income.

Understand the Fair Market Value in Box 5 of Form 5498. This figure reports your IRA’s total year-end worth for your records, not your current tax return.

Understand the timing and eligibility rules for making an HSA contribution to ensure you can secure your maximum tax deduction for the correct tax year.

Explore the strategic advantages and potential hurdles of holding commercial real estate in an LLC to determine if this legal structure is right for you.