1099 for $600 or More: Forms, Deadlines, and Penalties
Learn how issuing a 1099 for $600 or more works, from choosing the right form and prepping payee info to filing deadlines, corrections, and penalties.
Can You Claim Yourself as a Dependent on Taxes?
Learn how claiming yourself as a dependent works on taxes, from the confusion behind the idea to when someone else can claim you and what you gain if no one can.
Are Employee Advances Taxable? Loans, Wages, and the $10,000 Rule
Learn how employee advances are taxed, from the line between real loans and early wages to what happens when repayment falls through or bankruptcy enters.
What Is the Tax Rate When Converting 401k to Roth IRA?
Learn how the tax rate when converting a 401(k) to a Roth IRA works, from federal brackets and hidden costs to strategies for lowering what you pay.
Mutual Fund Value by Date: NAV, Cost Basis, and Wash Sales
Learn how to find a mutual fund's value by date, from looking up historical NAVs to applying them across cost basis, tax loss rules, and sale reporting.
IRS Tax Rules for Unmarried Couples Living Together
Learn how IRS tax rules for unmarried couples living together work, from filing and dependents to home deductions and what happens when one partner dies.
Family Management Company: Trade or Business Test and Audit Risks
Learn how family management company tax rules work, from proving a genuine trade or business to setting fees, tracking deductions, and audit exposure.
What Is IRC 1274? Imputed Interest on Debt Instruments
Learn how IRC Section 1274 imputed interest applies to seller-financed sales, from triggering scenarios and exemptions through calculation and reporting.
Did Reagan Tax Social Security? 1983 Law and Clinton’s 1993 Change
Learn how Reagan taxed Social Security benefits, from the reasoning behind the original law to later expansions and where the tax stands today.
Who Claims a Child on Taxes After Divorce: Form 8332 and Credits
Learn how the IRS decides who claims a child on taxes after divorce, from custodial parent rules to releasing the claim and how family tax credits shift.