1099-MISC Box 17: State Name, Payer ID, and Corrections
Learn how 1099-MISC Box 17 works, from its role alongside the other state reporting boxes to claiming withholding and fixing errors on the form.
What Does DSO Mean? Days Sales Outstanding, Formula and Levers
Learn what DSO means in accounts receivable, from how the metric is calculated and what it reveals to its blind spots and the levers that improve it.
Pass-Through Funds for Nonprofits: Booking, Form 990, and Fees
Learn how pass-through funds for nonprofits are recorded, from accounting treatment and fiscal sponsorship to Form 990 reporting and common pitfalls.
What Is IRC 933? Residency, Qualifying Income, and Form 8898
Learn how the IRC 933 Puerto Rico income exclusion works, from residency tests and income sourcing to federal exceptions and filing obligations.
Captive Insurance Accounting Entries: Premiums, Reserves, Consolidation
Learn how captive insurance accounting entries flow through US GAAP, from premiums and reserves to investment income and consolidation with the parent.
Where to Send Form 8862: E-Filing, Mailing, and IRS Notices
Learn where to send Form 8862 when reclaiming credits like the EITC, from filing it with your return to responding to IRS notices about a denied credit.
How to Calculate Straight Line Depreciation in Real Estate
Learn how to calculate straight-line depreciation in real estate, from setting your basis and recovery period to reporting and correcting past years.
What Is a Reverse 1031 Exchange and How Does It Work?
Learn how a reverse 1031 exchange works, from the safe-harbor parking structure and deadlines to financing, tax reporting, and construction variations.
704(b) Capital Accounts: Maintenance, Revaluations, and Tax Basis
Learn how 704(b) capital accounts work, from the economic effect rules and day-to-day maintenance through revaluations and how they differ from tax basis.
Which Depreciation Methods Are Allowed by GAAP?
Learn how the depreciation methods allowed by GAAP work, from the four accepted approaches to picking one that fits and handling later changes.