What Is Box 10 on W-2? Limits, Reporting, and the Dependent Care Credit
Learn how Box 10 on your W-2 works, from the dependent care benefits it captures to the limits, reporting steps, and credit interactions that follow.
Half-Year vs Mid-Quarter Convention: The 40% Test and Year-One Impact
Learn how the half-year vs mid-quarter convention works under MACRS, from the trigger test to year-one depreciation, dispositions, and course corrections.
IRS Tip Reporting Rules and the No Tax on Tips Deduction
Learn how IRS tip reporting rules work, from daily records and monthly reports to employer withholding, W-2 reporting, and the new tip deduction.
GE Reverse Stock Split: Cash in Lieu, Basis, and Spin-offs
Learn how the GE reverse stock split tax treatment works, from cash-in-lieu payments and cost basis to the spin-offs and brokerage entries that followed.
How to Account for Deposits Paid in Advance: Books and Taxes
Learn how to account for deposits paid in advance, from the initial entry and amortization through balance sheet treatment, tax rules, and common pitfalls.
Accrued Inventory: Journal Entry, Cut-Off, and Common Mistakes
Learn how accrued inventory works at period end, from recording the journal entry and confirming ownership through cut-off issues and common mistakes.
Accrual of Audit Fee Under AICPA Technical Practice Aid 5290.05
Learn how the accrual of audit fees under AICPA TPA 5290.05 works, from splitting effort across years to true-ups, tax timing, and disclosures.
Form 1065 Schedule K-2 Instructions: Exceptions, Deadlines, Penalties
Learn how Schedule K-2 filing requirements work for partnerships, from who must file and available exceptions to deadlines, penalties, and fixing errors.
K-1 vs. 1099: Self-Employment Tax, Filing Flow, and Timing
Learn how K-1 vs 1099 income affects your taxes, from self-employment tax and return filing to timing, estimated payments, and correcting errors.
IRS KBA Requirements: Triggers, Attempt Limit, and Sanctions
Learn how IRS KBA requirements work for remote e-signature authentication, from when the checks apply through recordkeeping duties and preparer sanctions.