What Are Unrealized Gains and How Are They Taxed?
Learn how unrealized gains tax works, from the general wait-until-you-sell rule and its exceptions to strategies that reduce or defer the eventual bill.
How Interim Audit Testing Works Before Year-End
Learn how interim audit testing works, from the controls and balances auditors examine early to how those findings roll forward into year-end fieldwork.
Are Credit Card Rewards Taxable for a Business?
Learn how business credit card rewards are taxed, from what counts as a rebate versus income to deduction effects, personal use, and recordkeeping.
What Is a Non-Convertible Debenture? Taxes, Ratings, and Risks
Learn how non-convertible debentures work, from their structure and credit risks to how the income is taxed and what legal protections holders have.
Vertical FDI Examples: CFC Rules, Transfer Pricing, and Penalties
Learn how vertical FDI examples play out for US parents, from upstream and downstream affiliate structures to the US tax, transfer pricing, and reporting rules.
IRS Notice of Intent to Levy: CDP Deadline and Response Options
Learn how to handle an IRS notice of intent to levy, from the hearing deadline and payment options to what the IRS can take and releasing a levy.
What Is a Stipend? Meaning, Taxes, and Salary Comparison
Learn how a stipend works, from how it compares with a salary, grant, or scholarship to where it appears and how the income is taxed at filing time.
ADP SOC Reports: SOC 1 vs. SOC 2, Types, and How to Get Them
Learn how ADP SOC reports support your financial audit, from choosing between SOC 1 and SOC 2 to reviewing their contents, obtaining them, and closing coverage gaps.
Are Medicare Supplement Premiums Tax Deductible?
Learn how Medicare Supplement premiums fit into your tax deductions, from itemizing and income thresholds to self-employed rules and recordkeeping.
How 100% Bonus Depreciation Works Under the New Tax Law
Learn how 100% bonus depreciation works under the new tax law, from what qualifies and how it pairs with other write-offs to state rules and sale recapture.