How to File IRS Form 8822-B: Lines, Signers, and Deadlines
Learn how to file IRS Form 8822-B, from completing the form and identifying the right signer to mailing it on time and handling the fallout of skipping it.
Partnership vs S Corp: Self-Employment Tax, Basis, and Ownership
Learn how a partnership vs S corp compares for small business owners, from self-employment tax and owner rules to profit splits and switching entities.
IRS Publication 556: Examinations, Appeals, and Refund Claims
Learn how IRS Publication 556 guides taxpayers through federal tax audits, from the initial examination and appeals to refund claims and court review.
How Does Inventory Affect Taxes: COGS, Valuation, and Write-Downs
Learn how inventory affects taxes, from valuation choices and small business simplifications to write-downs, donations, and state-level reporting rules.
Article 20(c) Tax Treaty: Eligibility, Exemption, and Claim Forms
Learn how the Article 20(c) tax treaty exemption works for students and trainees, from eligibility rules and claiming the benefit to country variations.
Do I Need to Issue a 1099 to My Property Management Company?
Learn whether you need to issue a 1099 to your property management company, from payment thresholds and entity type to filing, penalties, and state rules.
How to Create a Data Security Plan for Tax Preparers
Learn how to build a written information security plan for tax preparers, from risk assessment and safeguards through training and incident response.
Can I Take Bonus Depreciation on a Vehicle? Caps and Section 179
Learn how bonus depreciation on a vehicle works for business buyers, from which vehicles qualify and the caps that apply to recapture and state differences.
Is Rent Included in COGS or an Operating Expense?
Learn how rent is included in COGS or treated as an operating expense, from manufacturing and storage to offices, mixed-use buildings, and service firms.
L2 Visa Tax Exemptions: Treaties, FBAR, and FATCA
Learn how L2 visa tax exemptions actually work, from residency status and treaty relief to worldwide income reporting and foreign account disclosure rules.