Can You Write Off a New Roof on Your Taxes?
Learn how writing off a new roof on your taxes works, from basis adjustments and homeowner credits to rental depreciation and commercial deductions.
How to File a Tax Return as a Single Person
Learn how to file a tax return as a single person, from confirming your status and gathering paperwork through completing the return and handling what follows.
What Is a Dividend Swap? Mechanics, Risks, and Taxation
Learn how dividend swaps work, from the mechanics of exchanging fixed and floating payments to common investor uses, key risks, and tax treatment.
Form 1040 vs. 1041: Who Files, Rates, and Deadlines
Learn how Form 1040 vs 1041 compares for individuals versus estates and trusts, from who must file and how each is taxed to deadlines and penalties.
Do Dividends Reduce Retained Earnings? Cash, Stock, Property
Learn how dividends reduce retained earnings, from cash and stock payouts to property distributions and the special cases that change the math.
527 Political Organizations: Filing, Disclosure, and Taxes
Learn how 527 political organization tax rules work, from what income is taxed through IRS filings and disclosures to donor duties and closing down.
Inventory Loss Accounting: Write-Downs, Entries, and Deductions
Learn how inventory loss accounting works, from measuring and recording write-downs to handling insurance recoveries, tax deductions, and disclosures.
Does JTWROS Get a Full Step-Up in Basis? Spouses vs. Non-Spouses
Learn how the JTWROS step-up in basis works, from married couples in common law and community property states to non-spouse co-owners and rental property.
Self-Employed HSA Contributions: Limits, Deduction, and S-Corp Rules
Learn how self-employed HSA contributions work, from eligibility and funding rules to claiming the deduction, handling S-corp setups, and state tax quirks.
How to Find Remaining Depreciable Cost: Formula and Adjustments
Learn how to find remaining depreciable cost, from the depreciable base and accumulated depreciation to special rules and life-estimate changes.