Why Are There No Federal Taxes on My W-2? W-4, FICA, and Fixes
Learn why there may be no federal taxes withheld on your W-2, from W-4 settings and reduced taxable wages to employer errors and fixes before April.
What Is the Mid-Term Applicable Federal Rate?
Learn how the mid-term applicable federal rate applies to family loans, seller-financed sales, and estate planning trusts within the three-to-nine-year window.
How to Fix a Frivolous Tax Return and Avoid Penalties
Learn how to fix a frivolous tax return, from responding to the IRS notice and correcting your filing to handling penalties, appeals, and preparer issues.
Permanent Current Assets: Financing, Section 163(j), and Estimation
Learn how permanent current assets work, from why businesses carry this base layer through financing choices, tax limits, and estimating your own floor.
Do I Have to Pay Taxes on Selling Personal Items?
Learn how taxes on selling personal items work, from casual resales and gains on appreciated goods to 1099-K reporting and when selling becomes a business.
Shareholder Selling Shares Back to the Company: Section 302 Tests
Learn how the tax on a shareholder selling shares back to the company works, from classification and ownership rules through payout options and reporting.
Are Convenience Fees Taxable? Sales Tax, 1099-K, and Deductions
Learn how convenience fees are taxable, from state sales tax treatment to business income reporting and whether consumers can deduct them.
Is Investment Interest Expense an Itemized Deduction?
Learn how investment interest expense works as an itemized deduction, from what qualifies and income limits to reporting, carryforwards, and the surtax.
Public Business Entity: FASB Criteria, Disclosures, and Filer Status
Learn how public business entity status works under FASB, from the criteria that pull companies in to the disclosures and filer obligations that follow.
Dependent Care FSA Rules When Married Filing Separately
Learn how dependent care FSA rules work when married filing separately, from contribution limits to tax credit impact and mid-year election changes.