How to Avoid Excise Tax: Exemptions, Fuel Credits, and Refunds
Learn how to avoid excise tax legally, from qualifying for exemptions and structuring transactions to recovering payments through credits and refunds.
Paying Taxes on an Antique Booth: Schedule C, Deductions, and Sales Tax
Learn how paying taxes on an antique booth works, from reporting income and everyday deductions to self-employment obligations and state sales tax.
What Happens to Goodwill When You Sell a Business: Tax Treatment
Learn how goodwill is taxed when selling a business, from seller and buyer treatment through entity type and deal structure to purchase price allocation.
IRS Rules on Irrevocable Trusts: Tax Brackets, DNI, and Filing
Learn how irrevocable trust tax rules work, from the grantor versus non-grantor split through trust-level filing, deductions, and beneficiary taxation.
Interest-Only Promissory Note: Risks, Usury, and Tax
Learn how an interest-only promissory note works, from payment structure and end-of-term repayment to usury limits and tax treatment for both sides.
Dividend Accrual: Key Dates, Legal Limits, and Tax Rules
Learn how dividend accrual works, from the key dates and accounting entries through rules for different share classes, legal limits, and shareholder taxes.
Are Professional Memberships Tax Deductible? W-2 vs Self-Employed Rules
Learn how professional memberships factor into tax deductions, from employee and self-employed rules to exclusions, timing, and state return treatment.
How to Report Your CSA 1099-R on Your Tax Return
Learn how to report a CSA 1099-R on your tax return, from the entries that go on Form 1040 through distribution-code adjustments and withholding.
IRC 528: HOA Qualification Tests, Form 1120-H, and Penalties
Learn how the IRC Section 528 HOA tax election works, from annual qualification tests and taxable income rules to filing choices, payments, and penalties.
Where Do I Put Church Donations on My Taxes? Schedule A and QCDs
Learn where to put church donations on taxes, from itemizing cash and non-cash gifts to documentation rules and the QCD route that skips Schedule A.