What Is a Parachute Payment? Thresholds, Taxes, and Exceptions
Learn how parachute payments are treated under federal tax law, from thresholds and covered insiders to penalties, exceptions, and reporting rules.
Are Restructuring Costs Operating Expenses: GAAP vs IFRS
Learn how restructuring costs are treated as operating expenses under GAAP and IFRS, from what qualifies and when it is recorded to how profits are affected.
Cash Balance Plan IRS Rules: Vesting, Funding, and Filings
Learn how the IRS rules for cash balance plans work, from benefit formulas and funding obligations through vesting, distributions, and annual reporting requirements.
Contingent Value Rights: Taxation, ASC 805, and 280G Risk
Learn how contingent value rights tax and accounting work, from seller and buyer treatment to acquirer fair value reporting and parachute payment risk.
831(b) Captive: Premium Cap, Diversification Tests, and Disclosures
Learn how 831(b) election requirements apply to captive insurers, from premium caps and bona fide insurance to diversification tests and IRS disclosures.
Tax Tips for Horse Owners: Deductions, Depreciation, and Hobby Rules
Learn how tax deductions for horse owners work, from proving your operation is a business rather than a hobby to depreciation, payroll, and recordkeeping.
Abandonment of Leasehold Improvements: Proof, Loss, and Form 4797
Learn how the tax treatment of abandonment of leasehold improvements works, from proving the loss and calculating it to reporting and landlord complications.
Deferred Stock Compensation: 409A Timing, W-2, and Risks
Learn how deferred stock compensation tax works, from income and payroll timing through 409A rules and payouts to creditor, state, and estate risks.
How Personal Service Corporations Are Taxed by the IRS
Learn how personal service corporations are taxed, from the IRS rules that set them apart to owner compensation strategies and structural alternatives.
Do You Pay Tax on Commission? W-2, 1099, and Deductions
Learn how you pay tax on commission, from employee withholding and contractor self-employment to deductions, extra taxes, and the forms you'll file.