Charitable Mileage Deduction: Qualifying Trips, Calculation, and Records
Learn how the charitable mileage deduction works, from which trips and charities qualify to calculating your total and claiming it on your tax return.
What Is a Tax-Exempt ID and How Do You Get One?
Learn how to secure a tax-exempt ID for a nonprofit, from federal application options through state exemptions and keeping your status in good standing.
What Is the State Identification Number on a 1099?
Learn how the state identification number on a 1099 works, from where it appears on the common forms to fixing problems and what it means for your return.
HMRC Form 42: Reportable Events, Filing, and Penalties
Learn how Form 42 HMRC reporting works for UK companies, from reportable share events and scheme registration through filing to penalties and appeals.
ESOP-Owned S Corporations: Section 409(p) and Repurchase Liability
Learn how ESOP-owned S corporation tax rules work, from the pass-through shield and anti-abuse limits to participant distributions and repurchase planning.
Federal Tax Benefits for 100% Disabled Veterans
Learn how federal tax benefits for 100% disabled veterans work, from tax-free VA payments and retired pay options to effects on other tax rules and filing.
What Is an IRS Civil Penalty and How Does It Work?
Learn how IRS civil penalties work, from the common reasons they're charged and how interest accrues to your options for removal, appeal, or payment plans.
Do SEP IRAs Have RMDs? Deadlines, Calculation, and Penalties
Learn how SEP IRA required minimum distributions work, from timing and calculation to tax treatment, charitable options, and missed-withdrawal penalties.
Qualifying Child Test: The 5 IRS Rules and Tie-Breakers
Learn how the IRS qualifying child test works, from the core rules and special situations to tie-breakers when more than one person claims the same child.
Married vs. Single Taxes: Brackets, Penalties & Filing Separately
Learn how married vs. single taxes compare, from deductions and brackets to filing separately trade-offs and situations where staying separate makes sense.