Roof Depreciation: IRS Rules, Section 179, and Recapture
Learn how roof depreciation works on rental and commercial buildings, from IRS recovery rules and expensing options to insurance and sale recapture.
Can a Business Contribute to a 529 Plan and Deduct It?
Learn how a business can contribute to a 529 plan for an employee, from structuring the payment and handling taxes to alternatives and state rules.
Are Meal Reimbursements Taxable Under IRS Rules?
Learn when meal reimbursements are taxable under IRS rules, from what makes an employer's plan qualify to per diem options and contractor treatment.
Intrafirm Transfer Pricing: Methods, Documentation, and Penalties
Learn how intrafirm transfer pricing works under IRS rules, from method selection and documentation to cross-border issues, reporting, and penalties.
Are Charitable Contributions Above-the-Line Deductions?
Learn whether charitable contributions are above-the-line deductions, from the default itemizing rules to upcoming exceptions for non-itemizers and retirees.
Is an LLC a Nonprofit? Differences, Taxes, and Exemptions
Learn whether an LLC is a nonprofit, from how each is built and owned to taxes, exemptions, and the rare cases where the two structures overlap.
Do I Have to Report Inventory on My Taxes?
Learn how reporting inventory on taxes works for small businesses, from who must track it and available exceptions to valuation, filing, and recordkeeping.
Do You Have to Pay Taxes on Social Security Disability?
Learn how taxes on Social Security disability benefits work, from the income thresholds that make them taxable to paying and reporting what you owe.
Not Tax Deductible Meaning: Personal, Business, and Hobby Costs
Learn what not tax deductible means, from personal and business expenses to hobby income and retirement accounts, plus what to do if you deduct in error.
Who Can File Exempt From Federal Income Tax? W-4 Rules
Learn who can file exempt from federal income tax, from the IRS rules and qualifying situations to marking the W-4 and the risks of claiming it wrongly.