Learn how a charitable deduction with the standard deduction works, from the new non-itemizer write-off to smarter giving strategies and recordkeeping.
Learn how health insurance premiums are tax deductible for retirees, from qualifying coverage and itemizing hurdles to special rules for certain retirees.
Learn how contingent value rights tax treatment works, from classification and timing methods through imputed interest, basis rules, and IRS reporting.
Learn how listed property depreciation rules work, from the business use threshold and depreciation methods to recapture, recordkeeping, and reporting.
Learn how to pay no tax on Social Security benefits, from choosing withdrawal sources that stay off the formula to filing traps and state-level surprises.
Learn when corporations do and don't get a 1099, from the general exemption and its key exceptions to how LLCs, payment methods, and filing errors fit in.
Learn how a 409A nonqualified deferred compensation plan works, from covered arrangements and deferral timing to payout rules, valuations, and penalties.
Learn how a charitable remainder unitrust works, from the payout and qualification rules to the tax treatment, funding choices, and yearly administration.