Legal Settlement Accounting: Entries, Deductions, and 1099s
Learn how legal settlement accounting works for payers and recipients, from booking the loss and recording payments through tax treatment and reporting.
What Is IRS Publication 463? Travel, Gift & Car Expenses
Learn how IRS Publication 463 covers business deductions for travel, vehicle use, and gifts, from eligibility and recordkeeping to reporting and audits.
Do 401(k) Withdrawals Count as Income for Medicare?
Learn how traditional and Roth 401(k) withdrawals count as income for Medicare, from premium calculations to ways to keep distributions from raising costs.
Getting Paid to Take Care of a Parent: Medicaid, VA, and Taxes
Learn how getting paid to take care of a parent works, from Medicaid and VA options to private family arrangements and the tax rules that follow.
What Is a SOC 2 Bridge Letter? Contents, Signers, and Limits
Learn how a SOC 2 bridge letter works, from why the coverage gap exists and what belongs inside to who signs it, how long it holds up, and its limits.
How Much Does H&R Block Charge for an Amended Return?
Learn how much H&R Block charges for an amended return, from what shapes the in-office price to free fixes, self-filing alternatives, and refund deadlines.
Donate a Boat for a Tax Deduction: IRS Rules and Forms
Learn how to donate a boat for a tax deduction, from picking a qualifying charity and setting value through paperwork, appraisals, and claiming it.
Is Selling Expense an Operating Expense? Section 162 and OpEx Rules
Learn whether selling expense is an operating expense, from its place on the income statement to what qualifies and how these costs are deducted.
Safe Harbor Rental Property Requirements for the QBI Deduction
Learn how the rental property safe harbor QBI deduction works, from annual requirements and recordkeeping to filing the election and handling shortfalls.
Form 990-EZ Filing Requirements, Deadlines, and Penalties
Learn how Form 990-EZ filing requirements work, from eligibility and what the return covers to deadlines, penalties, and losing exempt status.