Accounting for Debt Forgiveness: COD Income, §108 Exclusions, and 1099-C
Learn how cancellation of debt income works, from the exclusions that can shield it and their trade-offs to fixing incorrect forms and reporting penalties.
Form 8940 Instructions: User Fees, Attachments, and Pay.gov Filing
Learn how Form 8940 instructions help exempt organizations request an IRS determination, from user fees and attachments to Pay.gov filing and follow-up.
HSA and Medicare: Six-Month Backdating, Pro-Rating, and Penalties
Learn how HSA and Medicare rules intersect, from enrollment timing and contribution adjustments to penalty corrections and spousal coverage considerations.
Form 1045: Application for Tentative Refund, Filing and Deadline
Learn how Form 1045, the Application for Tentative Refund, works, from who qualifies and what can be carried back to filing, deadlines, and IRS review.
Edward Jones Donor-Advised Fund: Contributions, Grants, and Fees
Learn how an Edward Jones donor advised fund works, from funding the account through recommending grants, and its role in tax and estate planning.
How to Get Your CVS W-2 as a Current or Former Employee
Learn how to get your CVS W-2 as a current or former employee, from accessing the form and expected timing to handling missing copies, errors, and corrections.
How Section 338 Elections Work: 338(g), 338(h)(10), and 336(e)
Learn how corporate buyers use a Section 338 election, from comparing the variants and stepping up asset basis to filing deadlines and valuation risks.
Construction Period Interest Capitalization: Rules and Section 266
Learn how construction period interest capitalization works, from projects and timelines that trigger it to calculation, recovery, and voluntary election.
FASB ASC Topic 718: Stock Compensation Vesting and Fair Value
Learn how ASC 718 stock compensation accounting works, from classifying awards and measuring fair value to recognizing expense and reporting modifications.
Is LIFO or FIFO Better for Taxes? Conformity and Liquidation Risks
Learn how to decide whether LIFO or FIFO is better for taxes, from how each method shifts your tax bill to the compliance rules and risks of electing LIFO.