Investment and Financial Markets

Understand the nuances of commuter benefit rollovers. Learn how your account is affected by contribution limits and your current employment status.

Not all victim compensation is tax-free. The tax treatment of your award depends on key distinctions the IRS makes and how your settlement is structured.

Review the tax rules for recapturing additional depreciation on real property placed in service in the late 1970s, before modern ACRS/MACRS systems.

Examine the evolution of IRS rules on a grantor’s power to replace a trustee and its shifting impact on federal estate tax inclusion for irrevocable trusts.

Understand your Heavy Highway Use Tax (Form 2290) deadline. Your filing date is determined by your vehicle’s first month of service, not a fixed calendar date.

Gain clarity on the 2023 Form 1040 filing process. This guide helps you accurately report income, apply deductions, and calculate your final tax or refund.

Learn how a nongrantor trust functions as a separate taxable entity, shaping its federal income tax treatment and enabling strategic state tax planning.

Lending through Kiva involves different financial elements, each with unique tax implications. Learn the correct way to report your activity.

Claiming the Head of Household status on a California tax return requires completing Form 3532 to formally document and verify your eligibility.

The tax rules for alimony hinge on the date of your divorce agreement. Understand how this timing determines the tax obligations for both payers and recipients.

For trustees, this resource provides clarity on the process for handling the Generation-Skipping Transfer tax following a taxable termination.

Your Adjusted Gross Income is a foundational figure for your taxes and finances. Understand how this important number is derived and its role in your financial life.

Clarify your tax reporting duties for legal payments. Learn why the responsibility to issue a 1099 form depends on the specific nature of the transaction.

Explore how IRS Notice 2004-50 recharacterizes certain S corp charitable stock transfers, affecting shareholder tax liability and creating new reporting duties.

The deadline to claim the SETC is tied to the statute of limitations for amended returns. Learn how this rule impacts your window to file for 2020 and 2021.

Understand the key distinctions that determine if a per diem allowance is a non-taxable reimbursement or must be reported as taxable income.

This overview of 11 USC 550 explains the critical step of asset recovery after a transfer is avoided, balancing trustee powers with transferee rights.

Gain clarity on the current tax treatment of R&E expenditures. Learn how to properly capitalize and recover your company’s innovation-related costs.

Explore the financial and procedural rules for a business making a 529 plan contribution, including tax advantages for the company and the recipient.