Who Can a 501(c)(3) Give Money To and What’s Off-Limits
Learn who a 501(c)(3) can give money to, from individuals and other nonprofits to businesses and foreign groups, plus prohibited payments and records.
Merger Tax Implications: Taxable, Tax-Free, and Golden Parachutes
Learn how merger tax implications unfold, from taxable and tax-free structures to the fate of the target's losses and executive parachute payouts.
LLC Capital: Contributions, Accounts, Basis, and Distributions
Learn how LLC capital contributions and capital accounts work, from what members put in and how equity moves to losses, distributions, and winding down.
How to Account for Patents: Capitalization, Amortization, and Impairment
Learn how to account for patents, from capitalizing and amortizing costs to handling impairment, royalties, and financial statement presentation.
Schedule K-1 Box 17 Code V STMT and the QBI Deduction
Learn how Schedule K-1 Box 17 Code V feeds your QBI deduction, from the Section 199A figures on the statement to income limits, forms, and loss handling.
SEP IRA Catch-Up Contribution: IRA Add-Ons and Solo 401(k)
Learn how SEP IRA catch-up contributions fit into retirement planning after 50, from the plan's own rules to IRA add-ons and alternative account structures.
Foreign Beneficiary of a US Estate: FIRPTA and Transfer Certificates
Learn what a foreign beneficiary of a US estate faces, from estate tax and income withholding on US assets to executor paperwork and delayed distributions.
IRC 436: AFTAP Thresholds, Benefit Restrictions, and Accrual Freezes
Learn how IRC 436 funding-based limits on benefits and accruals work, from AFTAP thresholds and payment restrictions to accrual freezes and lifting them.
What Is FICA and FIT? Rates, Withholding, and W-2 Wages
Learn how FICA and FIT shape your paycheck, from payroll tax rates and withholding rules to W-2 wage differences, self-employment taxes, and fixing errors.
Do Federal and State Returns Come Separately?
Learn whether federal and state refunds come separately, from processing timelines and common delays to tracking each one and offsets that reduce them.