Form 706-NA: U.S. Estate Tax Filing for Nonresident Aliens
Learn how Form 706-NA applies to nonresident alien estates, from identifying U.S.-situs assets to filing, paying tax, and wrapping up the return.
What Is Members’ Equity and How Does It Work?
Learn how members equity in an LLC is tracked, from capital accounts and profit and loss allocations to distributions, taxes, and member buyouts.
Do You Get a 1099 for VA Benefits? Forms Veterans Actually Receive
Learn whether you get a 1099 for VA benefits, from tax-free payments to the forms veterans actually receive and situations that generate taxable income.
IRS Section 302: The Four Redemption Tests, Reporting, and Penalties
Learn how IRS Section 302 stock redemptions work, from the qualification tests to reporting the transaction and the penalties for getting it wrong.
Does Facebook Marketplace Report to the IRS? 1099-K Rules
Learn how Facebook Marketplace reports to the IRS, from when a 1099-K is issued to how different kinds of sales are taxed and reported on your return.
What Does F-941 REF 01 Mean on a Treasury Check?
Learn what F-941 REF 01 on a Treasury check signals about an employer tax refund, from why it was issued to verifying the amount before depositing.
Trusts 101: Roles, Types, Taxes, and Trustee Duties
Learn how trusts work, from the core roles and revocable versus irrevocable choices to income taxes, estate planning trade-offs, and picking a trustee.
Do S Corp Owners Owe Unemployment Tax? FUTA and SUTA
Learn how unemployment tax works for S Corp owners, from federal and state obligations to benefit eligibility, filing duties, and family payroll rules.
Do Second Homes Qualify for the 1031 Exchange Exclusion?
Learn how second homes qualify for a 1031 exchange, from the safe harbor rules on rental and personal use to conversions and the cost of a failed swap.
When Is Form 941 Due? Quarterly Dates, Deposits, and Penalties
Learn how Form 941 due dates work, from the quarterly filing schedule and deposit rules to penalties for missed deadlines and correcting past returns.