Do You Pay Taxes When You Sell Gold? Rates, Reporting, Penalties
Learn whether and how you pay taxes when you sell gold, from figuring gains and reporting the sale to special rules for gifts, inheritances, and IRAs.
How to Calculate Your Home’s Cost Basis for Taxes
Learn how to calculate your house's cost basis for taxes, from a starting figure through adjustments that raise or lower it to keeping solid records.
Does Cost Basis Matter in an IRA? Pro-Rata Rule and Form 8606
Learn how cost basis matters in an IRA, from after-tax contributions and the pro-rata rule to tracking basis through inheritance, divorce, and IRS filings.
How Long Do You Have to Buy Another Home to Avoid Capital Gains?
Learn how long you have to buy another home to avoid capital gains, from the rules for primary residences to the timelines for investment property.
What Is a 401(k) True-Up and How Does It Work?
Learn how a 401(k) true-up works, from when the gap arises and how it's calculated to plan rules that limit it and options if your employer skips it.
AfterLotto Tax: Withholding, Federal Rate, and State Taxes
Learn how lottery winnings are taxed, from the withholding taken upfront through federal and state obligations to filing considerations for winners.
Where Is Earnings Per Share Disclosed in Financial Statements?
Learn where earnings per share is disclosed in financial statements, from the income statement figures to the supporting notes and reporting standards.
FICA vs. FUTA: Rates, Exemptions, and Penalties
Learn how FICA vs FUTA compare as federal payroll taxes, from what each funds and who pays to exemptions, filing duties, and penalties for missed deposits.
¿Qué es un extranjero no residente en Estados Unidos?
Conoce qué es un extranjero no residente en Estados Unidos, desde las pruebas que definen el estatus hasta la tributación, declaración y patrimonio.
Is a New Water Heater a Capital Improvement or Repair?
Learn how the IRS decides whether a new water heater is a capital improvement or repair, from rental depreciation to homeowner basis and energy credits.