Can Form 8332 Give You Head of Household Status?
Learn how Form 8332 and Head of Household status interact, from what the form transfers to how filing status is decided and what each parent keeps.
How to Deduct Investment Losses on Your Taxes
Learn how to deduct investment losses on your taxes, from netting and carryover rules to special situations and reporting your losses on your return.
Futures Tax Treatment: Section 1256, 60/40 Split, and Mark-to-Market
Learn how futures tax treatment under Section 1256 and the 60/40 rule works, from year-end accounting and reporting to loss rules and state considerations.
IFRS 8 Operating Segments: Reporting Criteria and IFRS 18 Changes
Learn how IFRS 8 operating segments reporting works, from identifying reportable segments through disclosure rules and the changes coming under IFRS 18.
Permanently and Totally Disabled: IRS Test, Credits, and EITC
Learn how the IRS definition of permanently and totally disabled shapes tax breaks, from disability credits and penalty relief to deductions and disputes.
Pipeline Easement Tax Treatment: Basis, Gain, and Damages
Learn how pipeline easement tax treatment works, from allocating the lump sum and adjusting basis to taxing the gain, damages, and recurring rent.
Charitable Donations From an IRA: QCD Rules, RMDs, and Reporting
Learn how a qualified charitable distribution from an IRA works, from eligibility and transfer mechanics to tax effects, RMD interactions, and reporting.
Audit Failure Examples From Enron to Wirecard
Learn how notable audit failure examples unfold, from major corporate frauds and quieter accounting misjudgments to the patterns and reforms that followed.
Capital Loss Maximum: The $3,000 Limit, Netting, and Carryovers
Learn how the capital loss deduction limit works, from netting gains and losses and carrying excess forward to special situations and reporting.
IRS Definition of a Dependent: Tests, Credits, and Tax ID
Learn how the IRS definition of a dependent works, from the tests that determine who qualifies to the credits, filing benefits, and pitfalls that follow.