What Is an Enterprise Fund in Government? Rules and Accounting
Learn how an enterprise fund works in government, from when it's required and how it's accounted for to the bonds and rules that keep it solvent.
Gambling Losses Can’t Be Carried Forward: 90% Cap, Itemizing
Learn how gambling losses work at tax time and whether they can be carried forward, from federal deduction limits and recordkeeping to state tax treatment.
How to Claim Allowances on a W-4: What Replaced Them
Learn how to claim allowances on a W-4 under current rules, from why they disappeared to completing the redesigned form and adjusting your withholding.
1099-INT Account Number: When It’s Required and How It’s Used
Learn how the 1099-INT account number works, from where it appears on the form and when issuers must include it to how it affects your records at tax time.
Do You Pay Taxes on Forex: Sections 988, 1256, and Filing
Learn how you pay taxes on forex trading in the U.S., from the tax treatment of different contract types to available elections, reporting, and recordkeeping.
What Is Imputed Life Insurance and How Is It Taxed?
Learn how imputed income from life insurance is taxed, from when it applies and how it's figured to how it affects spouses, retirees, and key employees.
Deferred Compensation Accounting: Section 409A, ASC 710, and GAAP
Learn how deferred compensation accounting works for non-qualified plans, from expense recognition and funding to the tax timing rules that follow.
Form 966 Filing Requirements: 30-Day Deadline and Penalties
Learn how Form 966 filing requirements apply to dissolving corporations, from who must file and what to include to deadlines and late-filing consequences.
What Are Instrumentalities? IRS Factors, Section 115, and Bonds
Learn how a governmental instrumentality works, from IRS classification and federal, state, and tribal examples to tax treatment, bonds, and liability.
Does the IRS Accept a P.O. Box Address for Business?
Learn how the IRS treats PO box addresses for a business, from what tax forms require to routing notices safely and updating your address on file.