Do Dividends Go on the Balance Sheet: Cash, Stock, Arrears
Learn how dividends appear on the balance sheet, from cash and stock declarations through equity effects, arrears, and other financial statements.
How to Value Water Rights: Appraisal, Transferability, and Taxes
Learn how to value water rights, from appraisal methods and legal factors that shape worth to the transfer limits and tax issues that affect net value.
What Copies of 1099-NEC Go to the Recipient? Copy B and Copy 2
Learn how the copies of 1099-NEC that go to the recipient work, from what Copy B and Copy 2 are used for to fixing problems and how long to keep them.
How to Report a 1035 Exchange on Form 1040: 1099-R and Partial Exchanges
Learn how to report a 1035 exchange on Form 1040, from checking your 1099-R and placing the numbers on your return to handling partial or failed exchanges.
What Does Closing the Books Mean in Accounting?
Learn how closing the books in accounting works, from posting adjustments and clearing temporary accounts to reconciling and locking the period.
Co-op Sponsor Unit: No Board Approval, Financing, and Taxes
Learn how buying a sponsor unit in a co-op works, from skipping the board and closing costs to financing hurdles and tax benefits for owners.
S Corporation Loans to Shareholders: Tax Rules, Basis, and IRS Risks
Learn how an S corporation loan to a shareholder is taxed, from proving it's a real loan to recharacterization, forgiveness, and reporting rules.
Do Bond Funds Pay Dividends and How Are They Taxed?
Learn how bond fund dividends are taxed, from ordinary interest and municipal exemptions to capital gains treatment and holdings in retirement accounts.
Accounting for Subsidiary Deconsolidation: Gain/Loss and AOCI
Learn how deconsolidation of subsidiary accounting works, from measuring the gain or loss and remeasuring a retained stake to presentation and disclosure.
Dividend in Lieu: Lost Qualified Status, NIIT, and Reporting
Learn how dividend in lieu tax treatment works for stock lenders, from the loss of qualified status and added surtaxes to reporting and avoidance steps.