Does a Limited Purpose FSA Roll Over or Expire?
Learn how a Limited Purpose FSA rollover works, from carryover limits and grace period options to checking plan rules and spending down before the deadline.
What Is Section 267(a)(3)? Matching Rule and Accrual Exceptions
Learn how Section 267(a)(3) governs accrual deductions on payments to related foreign parties, from the matching rule and covered relationships to key exceptions.
What Are Rents on 1099-MISC and How to Report Them
Learn how to report rents on 1099-MISC, from choosing the right tax schedule to handling expenses, extra taxes, and fixing forms that arrive incorrect.
Like-Kind Replacement: 45-Day Rule, Boot, and Basis
Learn how like-kind replacement property works in a 1031 exchange, from qualifying assets and deadlines to boot, basis, and special exchange structures.
How to Report UK State Pension on a U.S. Tax Return: Treaty and FBAR
Learn how to report a UK State Pension on a US tax return, from income placement and treaty rules to foreign account reporting and fixing past years.
Accrued Rebates: Journal Entries, Estimation, and Book-Tax Timing
Learn how accrued rebates accounting works, from estimating the liability and tracking it through settlement to navigating book-tax timing differences.
Are SEP IRA Contributions Pre-Tax or Post-Tax?
Learn how SEP IRA contributions work on a pre-tax basis, from tax-deferred treatment and Roth alternatives to eventual taxation and excess contributions.
Debt for Equity Swap: GAAP, IFRS, and Section 108 Rules
Learn how debt for equity swap tax and accounting rules apply to debtors and creditors, from GAAP and IFRS reporting to federal income tax outcomes.
Do You Pay Property Tax Monthly or Annually? Escrow vs. Direct
Learn how property tax billing works and whether you pay monthly or annually, from escrow mortgage payments to direct billing and missed deadlines.
How to Order 1099 Forms From the IRS or Vendors
Learn how to order 1099 forms from the IRS or vendors, from picking the right form and getting paper copies to e-filing when paper isn't allowed.