Investment and Financial Markets

Understand the purpose of your health coverage tax documents. This guide clarifies the distinct roles of Form 1095-B and 1095-C for your tax records.

Learn how your property’s use and management affects its tax classification and the proper method for calculating your financial reporting obligations.

For Texas businesses, tax obligations extend beyond the lack of a state income tax. Learn how your entity’s structure and operations affect your liability.

While IRS Form 1083 is obsolete, reporting obligations for U.S. persons with foreign corporations continue. Learn about the current compliance process and what’s required.

Understand the framework for calculating Alternative Minimum Taxable Income, a parallel system that adjusts income to establish a taxpayer’s minimum tax floor.

Understand the standard process that unfolds when taxes go unpaid. Learn about the consequences and the established pathways the IRS provides for resolution.

Explore the role of SEC Form 12b-25 in corporate compliance, providing a procedural safe harbor for companies needing an extension on their financial reports.

Clarifies the core principles of the Oklahoma nonresident tax return (Form 511-NR) and how your tax liability is determined proportionally to your total income.

Understand S.2260, proposed legislation outlining how dominant tech companies can operate and the government oversight designed to foster online competition.

Understand the nuanced IRS rules for business participation that isn’t clearly passive or active, and how this affects the tax treatment of your income.

Understand the IRS’s perspective on Family Limited Partnerships and the critical factors that separate a valid estate plan from a challenged tax strategy.

Understand the tax implications of installing a new furnace. While not a direct deduction, qualifying energy-efficient units can lower your tax bill.

Learn about the crucial IRS tests that determine if a retirement plan is equitable, helping employers maintain the plan’s tax-advantaged status and compliance.

Examine the dual tax impact of a Section 311b distribution, treating the transfer of appreciated property as a corporate sale and a taxable event for the shareholder.

Understand the relationship between your IRS Identity Protection PIN and the filing year to ensure your prior-year tax return is processed correctly.

Gain insight into the financial and compliance framework that allows taxpayers to monetize their solar energy tax credits through a cash sale.