Investment and Financial Markets

Understand the structured process for taking penalty-free early retirement distributions under Section 72(t) and the long-term commitment this plan requires.

The Undertaxed Profits Rule is an enforcement mechanism for the global minimum tax, acting as a backstop when a multinational’s income is not otherwise taxed.

Owning a vacation rental has unique tax rules. Learn how the mix of personal and rental days determines which expenses you can deduct and how to calculate them.

Understand the procedural guidance in Rev. Proc. 2023-14 for making automatic accounting method changes and learn the requirements for a compliant filing.

Learn how the IRS uses long-term Treasury yields to set a specialized interest rate for determining the value of certain tax provisions.

A guide to Form 5472, clarifying the reporting obligations for U.S. entities that conduct transactions with their foreign related parties.

Understand the Internal Revenue Code, the foundational law governing U.S. taxes. This guide explains its architecture and its role as a living legal document.

IRS news release IR-2023-189 details a significant policy shift, pausing new Employee Retention Credit claims and heightening review of existing ones.

Understand the U.S. tax compliance framework for foreign corporations. This guide explains the purpose of Form 1120-F and its role in reporting U.S. income.

Filing as a Michigan nonresident or part-year resident? Learn how Schedule NR is used to correctly calculate the specific portion of your income taxable by the state.

Gain insight into the financial framework of estate planning. Understand how to navigate tax laws and employ key strategies to effectively transfer wealth.

Decode W-2 Box 12, Code W to understand your total HSA contributions and learn how to correctly account for this pre-tax amount when filing your taxes.

Independent contractors pay into Social Security and Medicare via the self-employment tax, which covers both the employee and employer portions of the contribution.

Discover the mechanics of a Section 1042 exchange, from the initial transaction structure to the long-term management of replacement assets and their tax basis.

Understand the international tax framework that can subject a foreign company to local taxation based on the activities of its in-country agents.

Explore how affiliated corporate groups can file as a single entity, a method that impacts tax liability by combining income, losses, and administration.

Understand the financial and situational factors that determine whether itemizing deductions is the right tax strategy for lowering your taxable income.

Understand Georgia’s Title Ad Valorem Tax (TAVT), a one-time fee based on vehicle value that replaces sales tax when you register and title your car.