Learn how to perform a search for unrecorded liabilities, from testing cash disbursements after year-end to reviewing open commitments and legal exposure.
Learn how capital acquisition works, from funding and obtaining long-term assets to writing off their cost and handling tax consequences when you sell.
Learn how to set up a trust fund for your child, from choosing the right type and trustee to drafting the terms, funding the assets, and handling taxes.
Learn how distributable profits work, from the accounting behind the number to the legal tests each payment must pass and the fallout from overpayment.
Learn how an IRS payment status of originated fits into the refund process, from what the label signals about timing to handling short or missing deposits.
Learn how a Fidelity return of excess 401(k) contribution works, from meeting the springtime deadline through the tax treatment of the money that comes back to you.