Learn how the US-UK tax treaty shapes cross-border taxation, from residency and relief from double taxation to withholding, pensions, and reporting duties.
Learn how to handle payments that require a 1099, from spotting reportable transactions and recipients through filing on time and correcting missed reports.
Learn how to report a sale of stock on your tax return, from figuring gains and holding periods to handling brokerage forms, tricky basis issues, and losses.
Learn whether government bonds are tax-free, from Treasury and municipal interest rules to savings bond deferral and traps that can create taxable income.
Learn how SEP IRA contributions work for a W-2 employee, from your employer's role to using side self-employment income alongside a workplace 401(k) plan.
Learn how Section 336 corporate liquidation works, from the deemed sale of assets to loss limits, the parent-subsidiary exception, and related elections.
Learn how the IRS hobby farm rules separate a farming business from a personal pursuit, from profit-motive tests to deductions, losses, and recordkeeping.