Investment and Financial Markets

Married U.S. expats can leverage the FEIE on a joint return, but the benefit depends on each spouse’s distinct situation. Understand the strategic approach.

Defer capital gains on a vacation home with a 1031 exchange by properly managing its use to demonstrate investment intent to the IRS.

This key designation in Canadian estate planning alters the tax impact of an inheritance, helping preserve the value of registered retirement plans and trusts.

The U.S. uniquely taxes individuals based on citizenship, not residency. Learn the rationale for this system and how its structure impacts Americans living abroad.

Understand the legal standing of a New York tax warrant and the formal procedures required to address an outstanding tax liability with the state.

The tax treatment for a gain on business property isn’t determined in a single year. Learn how prior losses can alter the character of your current gain.

The tax treatment of your livestock depends on its purpose. This overview explains the financial rules for managing your agricultural operation’s bottom line.

Co-executor signature authority is determined by several factors. Learn how legal permissions and practical requirements can differ when settling an estate.

Learn how business ownership and service structures can create a single employer entity for benefit plan testing and compliance under IRS rules.

The tax treatment of gains from selling business assets depends on a key interaction: how prior depreciation deductions can reclassify a portion of your gain.

Understand how the tax basis of inherited property is adjusted under federal law, a key factor in determining future capital gains taxes for beneficiaries.

Learn to properly report a like-kind exchange. This guide explains the necessary calculations and information for correctly filing Form 8824 with your tax return.

A Cash or Deferred Arrangement is the foundational mechanism of a 401(k), governing how pay is deferred, its tax journey, and rules for plan fairness.

Navigate the requirements for obtaining an Internal Transaction Number (ITN) to ensure your U.S. export shipment complies with federal regulations.

Buying or selling used equipment involves specific tax considerations. Explore how the nature of the transaction and proper procedure can impact your final tax obligation.

Generation assignment for the GST tax is based on a technical framework, not just family ties. Learn the nuanced rules established by IRC 2651.

If you owe the IRS, you have options beyond paying in full. Learn about the formal processes for settling tax debt over time and what’s required to apply.