Can a 501c3 Loan Money to an Individual? Terms, Reporting, and Penalties
Learn how a 501(c)(3) can loan money to an individual, from mission-based purposes and loan terms to reporting duties and consequences of improper lending.
What Is Capital Expenditure in the Cash Flow Statement?
Learn how capital expenditure in the cash flow statement fits in, from what the line covers to its link to the balance sheet and what the number reveals.
Health Insurance Accounting: Journal Entries, IBNR, and ASC 715
Learn how health insurance accounting works under U.S. GAAP, from active employee coverage through self-insured reserves and retiree benefit obligations.
How to Apply for a CAF Number: Forms 2848 and 8821
Learn how to apply for a CAF number, from the online and paper routes to completing the authorization forms and using the number once assigned.
Do 1099s Have to Be Filed Electronically? Threshold and Waivers
Learn how electronic filing rules for 1099s work, from thresholds and covered form types to deadlines, hardship waivers, and separate state requirements.
Marital Deduction Trust: How It Works, Structures, and Funding
Learn how a marital deduction trust works, from the available structures and post-death funding choices through administration and what happens at the second death.
IRA Recharacterization Tax Reporting: Forms 1099-R and 5498
Learn how IRA recharacterization tax reporting works, from the custodian forms involved to what you file with your return and adjustments after filing.
Motor Home Tax Deductions: Interest, SALT Cap, and Business Use
Learn how motor home tax deductions work, from qualifying as a residence and writing off interest and taxes to business use and whether to itemize.
Can I Deduct Mileage as a W2 Employee? Exceptions and State Rules
Learn whether you can deduct mileage as a W-2 employee, from the narrow federal exceptions to employer reimbursement and state return differences.
Employer Paid Funeral Expenses: Taxability, Exceptions, and Reporting
Learn how employer paid funeral expenses are taxed, from the default compensation rule to the narrow exceptions and how the payment is reported.