Credit Memo: Contents, Recording, and Controls
Learn how credit memos work, from their contents and how buyers and sellers record them to controls, related-document comparisons, and recordkeeping.
What Is the IRS Business Code for Consulting?
Learn how the IRS business code for consulting works, from picking the right classification to reporting it and its impact on the QBI deduction.
Is Autism a Qualifying Disability for Tax Purposes?
Learn how autism can qualify as a disability for tax purposes, from IRS eligibility rules to the tax benefits and savings options available to families.
RMD for Someone Born in 1952: Deadlines, Calculation, and Penalties
Learn how RMDs work for someone born in 1952, from timing your first withdrawals through calculating amounts and handling missed distributions.
What Tax Form Does a 501(c)(3) File? Form 990 and Its Variants
Learn what tax form a 501(c)(3) files, from choosing the right Form 990 version to the extra returns that can apply and the consequences of not filing.
What Is a US Equity? Types, Returns, and Tax Rules
Learn what a US equity is, from ownership and trading fundamentals to how returns and taxes work and the risks and protections shaping every investment.
Can I Write Off Golf as a Business Expense?
Learn how writing off golf as a business expense works, from the entertainment rules and meal carve-outs to employee outings, sponsorships, and gifts.
Gift Card Accounting Entry: Redemption, Breakage, Escheatment
Learn how gift card accounting entries work, from initial sale and redemption through promotional cards, unused balances, and remittance to the state.
Joint Return Test: Refund-Only Exception and Credits at Risk
Learn how the joint return test works for dependents, from the refund-only exception and filing separately to the credits and penalties at stake.
1098-T Scholarship Exceeds Tuition: What to Report and Where
Learn how to handle a 1098-T when scholarships exceed tuition, from calculating the taxable amount and reporting it to filing rules and credit strategies.