Section 41 Regulations: Qualified Research, Credit, and Filing
Learn how the Section 41 R&D tax credit works for businesses, from qualifying activities and expenses through calculation methods, elections, and filing.
AU-C 505 External Confirmations: Procedures, Exceptions, and Fraud Risk
Learn how AU-C 505 external confirmations work in nonpublic audits, from choosing formats and controlling requests to evaluating responses and fraud risk.
Form 8990 Instructions: Adjusted Taxable Income and Carryforwards
Learn how Form 8990 instructions handle the business interest limitation, from adjusted taxable income to pass-through treatment and carryforwards.
Transfer LLC Ownership to Spouse: Gift Tax and Filing Rules
Learn how to transfer LLC ownership to a spouse, from assignment paperwork and state filings to gift tax treatment and the LLC's new tax classification.
What Is a Capital Account in an LLC and How Does It Work?
Learn how a capital account in an LLC works, from contributions and profit allocations to the accounting methods used and what a negative balance signals.
Tax Return Not Processed: Causes, Tracking, and What to Do
Learn how to handle a tax return not processed by the IRS, from checking status and understanding common delays to responding to notices and getting help.
QBI Phase-Out Rules: Thresholds, SSTBs, and W-2 Wages
Learn how QBI phase-out rules work for pass-through owners, from income thresholds and service business limits to wage and property tests near the cutoff.
Will I Get a 1099-R for My 401(k) Withdrawal?
Learn how a 1099-R for a 401(k) withdrawal works, from when the form shows up and what its boxes mean to how the money is taxed, reported, and corrected.
What Is a Tax Attribute? Definition, Categories, and Examples
Learn how tax attributes work, from the main categories and common examples to what happens in corporate acquisitions and after debt discharges.
Tax Pro PTIN at IRS.gov: Requirements, Renewal, and Penalties
Learn how PTIN requirements and renewal work, from initial applications and annual renewals to the ongoing duties and penalties for paid preparers.