Is Your 401(k) Taxed as Income or Capital Gains?
Learn how a 401(k) is taxed as income rather than capital gains, from traditional and Roth withdrawals to employer stock, penalties, and state taxes.
How Long to Keep Tax Records in Canada: 6-Year Rule and Exceptions
Learn how long to keep tax records in Canada, from the baseline retention period through the events that extend it to records that must be kept for life.
Entities Connected With Guernsey: Types, Taxes, and US Filings
Learn how Guernsey entities and US tax rules interact, from common structures and local tax treatment to the IRS filings and compliance US owners face.
How to Fill Out Form W-4R: Rates, Safe Harbor, and Filing
Learn how to fill out Form W-4R for retirement payouts, from picking a withholding rate and meeting safe-harbor rules to submitting the form to your payer.
Can I File My Taxes If My Parents Claim Me as a Dependent?
Learn how you can file your own taxes when your parents claim you as a dependent, from filing thresholds and deductions to credit limits and state returns.
Does a 17-Year-Old Have to File Taxes? Thresholds and Kiddie Tax
Learn whether a 17-year-old has to file taxes, from the income thresholds that require a return to how their earnings and investments affect the parents.
Form 8832 Late Election Relief: Automatic Eligibility and Filing
Learn how Form 8832 late election relief works, from qualifying for automatic approval and filing correctly to the limits and costlier alternatives.
1099-NEC Business Name: Entity Rules, DBAs, and TIN Matching
Learn how 1099-NEC business name rules work across contractor entity types, from pulling the right name off a W-9 to handling DBAs and verifying the TIN.
Notice 94-47: Foreign Trust Loans, Reporting, and Penalties
Learn how loans from foreign trusts to US persons are taxed, from recharacterization and exceptions through reporting duties and possible penalties.
Internal Revenue Code Section 274: Meals, Gifts, and Substantiation
Learn how IRC Section 274 disallowance rules limit business deductions, from entertainment and meals to travel, gifts, and the records that support them.