Intermediate Holding Company: Definition and Functions
Explore the role of an intermediate holding company in a corporate structure, used to effectively manage subsidiaries, assets, and financial liabilities.
Investment and Financial Markets
Is Rental Income Considered Investment Income?
The tax treatment of rental income depends on its classification. Understand the factors that determine if your earnings are subject to investment income tax.
What Is a Form 8-K and When Is It Required?
Explore Form 8-K, the essential SEC filing for public companies to report significant, unscheduled events to investors and maintain market transparency.
HSA in Retirement: A Breakdown of the Rules
Understand how your HSA functions as a flexible financial account in retirement. This guide details the tax implications and rules for distributions after age 65.
What Is Foreign Base Company Income Under IRC 954?
IRC Section 954 provides a framework for analyzing a CFC’s income, distinguishing between deferred earnings and amounts currently taxable to U.S. shareholders.
Tax Treatment for the Sale of Farmland
Understand how the tax outcome of a farm sale is shaped by property basis, asset types, and transaction structure, not just the final sale price.
What Is Management Discussion and Analysis?
Go beyond financial statements to understand the MD&A. Learn how it reveals management’s perspective, key judgments, and outlook on company performance.
How Railroad Tier 1 and Tier 2 Benefits Work
Understand the distinct structure of railroad retirement benefits, which blends a Social Security-equivalent base with an additional pension-like annuity.
What Are Non-Conventional Cash Flows?
Learn why some project finances don’t follow a simple pattern and how this complexity can affect analysis, requiring more reliable valuation approaches.
How to File a Federal Income Tax Extension
A tax extension provides more time to file, not pay. Learn how to correctly request an extension and understand the financial responsibilities involved.
Does the IRS Send Official Text Messages?
Understand the established communication protocols the IRS uses. This knowledge is essential for verifying official correspondence and protecting your personal data.
What Is the 1023 EZ Eligibility Worksheet?
Determine if your nonprofit can use the streamlined 1023-EZ application. This guide explains the IRS’s mandatory screening criteria for 501(c)(3) status.
Can I Hire My Spouse as an Employee?
Employing your spouse requires a legitimate work arrangement. Understand the key compliance steps and how they differ based on your business structure.
IRA Tax Withholding: What Are the Rules?
Taking an IRA distribution involves important tax decisions. Learn how withholding works and how you can adjust it to fit your personal financial strategy.
What Is IRS Revenue Ruling 79-36?
IRS Revenue Ruling 79-36 provides guidance for classifying payments to a surviving spouse as either a non-taxable gift or as taxable compensation.
What Are Restructuring Costs & How Are They Accounted For?
Understand how corporate restructuring expenses are defined, measured, and reported according to established accounting principles for financial clarity.
How to Report a 1099 for a Stock Sale
Reporting stock sales requires more than copying your 1099-B. This guide shows how to verify its information and correctly report transactions on your return.
Who Is Subject to Self-Employment Tax?
Understand the financial and legal tests that determine if you owe self-employment tax and learn how to properly calculate and report your liability.
What Is Form 8928 and When Is It Required?
Understand the role of Form 8928 in addressing group health plan noncompliance and the resulting excise tax obligations for employers and administrators.
What Are Major Customer Disclosure Requirements?
Understand the accounting rules for disclosing revenue concentration. This key disclosure informs investors about risk while protecting business confidentiality.