Investment and Financial Markets

Building on your own land with 1031 funds is possible but requires a specific structure to satisfy exchange rules. Learn the key financial and procedural insights.

Understand how the Texas tax code is structured to lower financial burdens and foster an environment of growth for both its residents and companies.

Whether a teacher pays into Social Security depends on state rules. Understand how this affects retirement benefits from both a teaching pension and other jobs.

Explore how the U.S. progressive tax system works, applying different rates to portions of your income to determine your overall tax obligation.

Properly administering the clergy housing allowance requires understanding its specific rules for designation, calculation, and its dual tax treatment.

Find your precise Lifetime Learning Credit amount. This guide details how your income and tuition costs interact to determine your final tax savings for education.

For individuals born before 1936, Form 4972 provides a special method to calculate tax on lump-sum distributions, separate from ordinary income rates.

Understand how your business’s tax return functions as its profit and loss statement and how to accurately translate your financial data for IRS reporting.

Explore the Alternative Minimum Tax, a parallel system that re-evaluates your income after certain deductions to ensure a minimum amount of tax is paid.

Learn how the timing of a recent car purchase can alter its legal standing in bankruptcy, potentially converting the loan from secured to unsecured.

When one owner owes taxes, jointly held property can be at risk. Explore how federal law defines the IRS’s authority over shared assets and a co-owner’s rights.

Donating from an inherited IRA under age 70 1/2 has specific tax implications. Understand how this process and its tax treatment differ from a standard QCD.

In Washington, sales tax on construction generally includes labor. Understand how the tax obligation changes between different types of building projects.

An IRS civil penalty isn’t necessarily the final say. Learn about the formal process for requesting penalty relief and the valid reasons the IRS may grant it.

Gain a clear overview of corporate tax obligations in Argentina. Learn how taxable income is determined and understand the system of federal and provincial levies.

A partnership can partner with another in a tiered structure. Learn how this arrangement works and its significant financial and legal consequences.