Reservist Mileage Deduction: 100-Mile Test, Rate Cap, and Filing
Learn how the reservist mileage deduction works, from who qualifies and what travel counts to recordkeeping, filing on the right forms, and audit exposure.
Qualified Charities: IRS Rules, AGI Limits, and Substantiation
Learn how IRS rules for qualified charities work, from which organizations count to the records, limits, and giving strategies that shape your deduction.
Change in Market Value: Cost Basis, Realized Gains, and Wash Sales
Learn how a change in market value affects your taxes, from setting your cost basis and figuring gains to handling home sales, losses, and wash sale rules.
Do You Pay Taxes If Your Business Makes a Loss?
Learn whether you pay taxes if your business makes a loss, from how the loss offsets other income to the rules that can limit deductions and entity differences.
Recasting Financial Statements: Adjustments, Metrics, and Pitfalls
Learn how recasting financial statements works, from normalizing income and balance sheet items to documenting adjustments and avoiding common mistakes.
How Does a Health Reimbursement Account (HRA) Work?
Learn how a Health Reimbursement Account works, from employer funding and eligible expenses to the main HRA types and what happens when you change jobs.
IRS Publication 3112: EFIN Application, Suitability, and Sanctions
Learn how IRS Publication 3112 sets the rules for Authorized e-file Providers, from EFIN applications and suitability checks to compliance and sanctions.
Revenue Code Section 481 Adjustments: Form 3115 and the Tax Cap
Learn how a Section 481 adjustment works when switching accounting methods, from calculating and spreading it to capping the tax and filing Form 3115.
Does 401(k) Withdrawal Count as Income for Taxes?
Learn how a 401(k) withdrawal counts as income for taxes, from traditional and Roth rules to penalties, rollovers, and ripple effects on other benefits.
Late 754 Election Relief: Automatic Fix, PLR, and AARs
Learn how late 754 election relief works for partnerships, from the automatic post-deadline fix through IRS ruling requests and prior-return cleanup.