What Is a Property Tax Assessment and How Does It Work?
Learn how a property tax assessment works, from how your value is set and becomes a bill to what raises it, how to appeal, and what happens if unpaid.
A Portion of These Dividends Is U.S. Government Interest?
Learn how a portion of dividends from U.S. government interest works on state returns, from what qualifies to claiming the break and prior-year fixes.
What Is Schedule 3 Line 8 on Form 1040?
Learn how Schedule 3 line 8 works on Form 1040, from the credits that feed into the subtotal to how it flows through and reduces the tax you owe.
Accrued Interest Tax Treatment: OID, Market Discount, and Reporting
Learn how accrued interest tax treatment works, from reporting rules across different debt instruments to deductions and the risks of not reporting it.
S Corp Fringe Benefits: 2% Shareholder Rules and W-2 Reporting
Learn how S corp fringe benefits for 2% shareholders are handled, from health coverage and taxable perks to retirement plans and proper W-2 reporting.
Why Are We Taxed on Everything and Where the Money Goes
Learn why we are taxed on everything and where it goes, from the legal basis for federal, state, and local taxes to the services those dollars fund.
How Are Software Development Costs Treated for Tax Purposes?
Learn how software development costs are treated for tax purposes, from domestic and foreign expensing to purchased software and research credits.
What Is Section 751(b)? Hot Assets and Deemed Exchanges
Learn how Section 751(b) hot assets rules govern disproportionate partnership distributions, from qualifying property to how the deemed exchange is taxed.
Can I Deduct Mortgage Interest on a Second Home?
Learn how the mortgage interest deduction on a second home works, from what qualifies as a residence and the debt limits to rental use and reporting rules.
Are Wikipedia Donations Tax Deductible? Limits and Receipts
Learn how Wikipedia donations are tax deductible, from claiming and documenting your gift to annual limits, timing rules, and other ways to give.