What Is a Bad Debt Write-Off and How to Deduct It
Learn how a bad debt write-off for taxes works, from telling business and personal debts apart to proving the loss and reporting it on your return.
Do You Get a Refund if You Overpaid Social Security Tax?
Learn how to claim a refund for overpaid Social Security tax, from overpayments across multiple jobs to single-employer corrections and claim deadlines.
Tokenization of Stocks: Legal Status, Tax, and Risks
Learn how tokenized stocks work under U.S. law, from their legal and tax treatment to the investor protections and risks tied to blockchain trading.
Are Seller Credits Tax Deductible? Impact on Your Taxable Gain
Learn whether seller credits are tax deductible for home sellers, from how they affect your taxable gain to reporting the sale and what buyers should know.
How Long Does It Take for the IRS to Audit You?
Learn how long an IRS audit takes, from the different audit types and timelines through what affects the pace, deadline extensions, and how cases wrap up.
Nontrade Receivables: Loans to Officers, Section 7872 and CECL
Learn how accounting and tax rules for loans to officers work, from documentation and interest terms through balance sheet treatment and disclosures.
What Is a Stock Award? RSUs, RSAs, Vesting, and Taxes
Learn what a stock award is and how equity compensation works, from the main grant types through vesting and the tax rules that apply along the way.
Accounting Entries for Restricted Funds in Nonprofits
Learn how nonprofits record accounting entries for restricted funds, from booking gifts and pledges through releasing restrictions and financial reporting.
W-2 Box 1: Is It Gross or Net? Pre-Tax Deductions and Add-Ons
Learn how W-2 Box 1 relates to gross or net pay, from the pre-tax deductions and taxable add-ons to why it differs from Social Security wages.
Adding a Spouse to Your LLC: Taxes, Liability, and Divorce
Learn how adding a spouse to your LLC reshapes taxes, liability, and divorce outcomes, from partnership rules to hiring alternatives and setup steps.