Does an S Corp Get a 1099? Exceptions, W-9s, and the 2026 Threshold
Learn when an S corp gets a 1099, from the corporate exemption and its narrow exceptions to how payers verify status and the upcoming threshold change.
Are MUD Taxes Deductible? SALT Cap, Itemizing, and Escrow
Learn how MUD taxes are deductible on a federal return, from which parts of the bill qualify to itemizing rules and how rentals are treated differently.
IRC 415 Limits on Retirement Benefits and Contributions
Learn how IRC 415 limits cap contributions and benefits in qualified retirement plans, from compensation rules and combined plans to correcting excesses.
Tax-Free Spin-Off Requirements Under Section 355
Learn how the tax-free spin-off requirements under Section 355 work, from the core qualification tests and anti-abuse traps to the consequences of falling short.
Do You Have to File State Taxes If You Don’t Owe?
Learn whether you have to file state taxes when you don't owe, from income and residency triggers to refund opportunities and the risks of skipping a return.
What If Everyone Stopped Paying Taxes—and You Did Too?
Learn what happens if you stop paying taxes, from mounting IRS penalties and collection actions to criminal exposure and ways to resolve back tax debt.
Can I Deduct Clothing as a Business Expense? IRS Two-Part Test
Learn how deducting clothing as a business expense works, from the IRS qualification test and who can claim it to upkeep, donations, and recordkeeping.
What Is IRC 956 and How Does It Create a Deemed Dividend?
Learn how an IRC Section 956 deemed dividend works, from the investments that trigger it to how different shareholders are taxed and must report it.
Form 1065 Filing Requirements: Schedules, Deadlines, and Penalties
Learn how Form 1065 filing requirements work for partnerships, from filing basics and required schedules to penalties, corrections, and final returns.
How to Claim Inheritance from Overseas: Probate, Transfer, and IRS Forms
Learn how to claim an inheritance from overseas, from foreign probate and transferring assets home to meeting your U.S. tax reporting obligations.