What Is the Difference Between an ITIN and an EIN?
Learn how the difference between an ITIN and an EIN plays out, from who each number is meant for and how to apply to holding both and what happens later.
Cancellation of Debt Between Related Parties: Rules and Exclusions
Learn how cancellation of debt between related parties is taxed, from who counts as related and how forgiveness is recharacterized to available exclusions.
Tax Leakage in M&A: Causes, Elections, and Deal Protections
Learn how tax leakage in M&A arises and gets managed, from hidden exposures and diligence to structural elections and purchase agreement protections.
Employer-Side Payroll Taxes: FICA, FUTA, and Deposits
Learn how employer payroll taxes work, from the federal and state contributions owed on wages through deposit schedules, reporting, and personal liability.
What Is an F Reorganization? Requirements, Steps, and S Corp Uses
Learn how an F reorganization works, from qualifying requirements and transaction structures to preserved tax attributes and common S corporation uses.
Do You Have to Enter 1095-C on Your Tax Return?
Learn whether you have to enter Form 1095-C on your tax return, from what the form is for and how it fits with filing to handling errors and state coverage rules.
What Is Equity Growth? Metrics, Taxes, and Cash-Out Options
Learn how equity growth works in homes and businesses, from how ownership value builds and is measured to taxes, cash-out options, and negative equity.
If I Amend My Taxes, Will I Be Audited? Triggers and Penalties
Learn whether amending your taxes will trigger an audit, from what draws IRS scrutiny to the penalties and timing risks of leaving errors uncorrected.
H1B: Resident or Nonresident Alien for Tax Purposes?
Learn how H1B holders determine resident or nonresident alien status for U.S. taxes, from the substantial presence test to treaty rules and filing duties.
Where Do Charitable Contributions Go on Form 1040?
Learn where charitable contributions go on Form 1040, from itemized and above-the-line paths to IRA gifts, with notes on qualifying charities and AGI limits.