Learn how accounts receivable works, from tracking and reporting balances to handling unpaid accounts, measuring collections, and turning receivables into cash.
Learn what to do if you haven't filed taxes in 2 years, from filing the missing returns to handling penalties, payment plans, and IRS collection actions.
Learn how building permits are treated for tax purposes, from personal homes to rental and business properties, including repairs, demolitions, and fines.
Learn how to fill out a W-4 as head of household with two dependents, from claiming your status and dependent credits to adjusting for extra income or jobs.
Learn how the S-Corp car lease deduction works, from structuring the lease and tracking business use to inclusion adjustments and personal-use reporting.
Learn how a 501(c)(9) VEBA works, from the benefits it can provide and tax treatment to the compliance and governance duties that keep its exempt status.
Learn how a safe harbor non-elective contribution works in a 401(k) plan, from employer funding and vesting rules to notice requirements and tax treatment.
Learn how viatical settlement taxation works, from health-based exclusions and provider rules to calculating basis, filing forms, and Medicare impacts.
Learn how boat depreciation life works for business vessels, from MACRS classification and accelerated write-offs to usage thresholds and recapture risks.