FASB 91: Origination Fees, Amortization, and Modifications
Learn how FASB 91 accounting works for lenders, from capitalizing origination costs and fees through amortization, modifications, and payoff scenarios.
Carbon Tax Disadvantages: Costs, Leakage, and Political Limits
Learn about the disadvantages of a carbon tax, from higher consumer prices and unequal household impacts to competitiveness concerns and political durability.
Is Christian Healthcare Ministries Tax Deductible?
Learn whether Christian Healthcare Ministries payments are tax deductible, from federal deduction rules and reimbursements to HSAs and state requirements.
IRC 304: Redemption Through Use of Related Corporations
Learn how IRC Section 304 recharacterizes stock sales between related corporations, from control and attribution rules to dividend and basis outcomes.
What Is a Compliance Check? IRS Notices, Response, and Records
Learn what a compliance check is and how the IRS handles one, from why notices go out and how to respond to your rights, recordkeeping, and possible outcomes.
Deed in Lieu of Foreclosure: Tax Consequences and COD Income
Learn how the tax consequences of a deed in lieu of foreclosure work, from forgiven debt and capital gain treatment to available exclusions and reporting.
IRC 105(h) Nondiscrimination Rules: Tests, Penalties, and Fixes
Learn how IRC 105(h) nondiscrimination testing applies to self-insured health plans, from who is covered and how the tests work to penalties and fixes.
Can I Claim Myself as a Dependent on Taxes? Rules and Filing
Learn how the rules work for whether you can claim yourself as a dependent on taxes, from who else may claim you to how it shapes your return and filing.
IRS Publication 1542 Per Diem Rates: Methods and Meal Limits
Learn how IRS Publication 1542 per diem rates work for business travel reimbursements, from choosing a method and covering meals to accountable plan rules.
How to Handle NSF Checks in Bank Reconciliation: Entries and Write-Offs
Learn how to handle NSF checks in bank reconciliation, from book adjustments and journal entries to re-deposits, write-offs, and tax treatment.