ESPP Imputed Income: Calculation, W-2 Reporting, and Cost Basis
Learn how ESPP imputed income works under qualified and non-qualified plans, from the discount spread through W-2 reporting and cost basis adjustments.
Section 136: Foster Care Payments, Taxability, and the EIC Election
Learn how tax rules for foster care payments work, from which amounts stay tax-free to earned income elections, dependent claims, and adoption credits.
Section 409(p): Excise Tax, Form 5330, and Prevention
Learn how Section 409(p) works for S corporation ESOPs, from identifying disqualified ownership through the costs of a violation to prevention strategies.
529 Plan Qualified Expenses: Food, Meal Plans, and Room and Board Limits
Learn how 529 plan food expenses work under room and board rules, from cost of attendance caps and eligible meal options to the tax impact of overspending.
Do I Need to Send a 1099 If I Pay Through PayPal?
Learn whether you need to send a 1099 if you pay a contractor through PayPal, from filing thresholds and exemptions to paperwork, deadlines, and penalties.
What Does Misc Non-Taxable Comp Mean on a W-2?
Learn how misc non-taxable comp on a W-2 fits into your return, from what the label usually covers to checking the amount and using it when you file.
Accountant Fraud: Schemes, Penalties, and Recovery
Learn how accountant fraud schemes unfold, from how they are carried out and discovered to the penalties offenders face, victim recovery, and prevention.
What to Do If You Missed the Tax Deadline: Penalties and Payment Options
Learn what to do after missing the tax deadline, from penalties and interest to payment options, refunds, and cases where the deadline may not apply.
How to Find Out If Someone Has a Tax Lien
Learn how to find out if someone has a tax lien, from searching local public records to checking state filings and understanding federal lien notices.
What Happens If You Don’t Fill Out a W-9: Withholding and Penalties
Learn what happens if you don't fill out a W-9, from backup withholding and held payments to IRS penalties, criminal risks, and stopping the withholding.