Business, Corporate & Nonprofit Taxes

What Is a Member Capital Account in an LLC?

Car Dealership Accounting: Inventory, F&I, and Safeguards Rule

Backdating an LLC for Tax Purposes: 75-Day Rule and Late Elections

How to Issue a 1099-C for Cancellation of Debt: Codes, Boxes, Deadlines

Charitable Organizations: 501(c)(3) Rules and Requirements

Is Painting a Leasehold Improvement or a Repair?

IRS Determination Letter: How to Apply, Deadlines, and Revocation

Distribution to Paid-In Capital: E&P, Section 301, and Reporting

M&E Accounting: Safe Harbors, Section 179, and MACRS

What Is Revenue Code 274? Meals, Entertainment, and Gifts