Direct Transfer Definition: 401(k) to IRA, Rollovers, and QDROs
Learn how a direct transfer between retirement accounts works, from consolidating 401(k)s and IRAs to handling taxes, divorce splits, and common pitfalls.
Are Annuities Subject to RMD? Rules, QLACs, and Penalties
Learn how annuities are subject to RMD rules based on the account they sit in, from qualified plans and QLACs to penalties for missed withdrawals.
Deferred Purchase Price: Installment Method, 453A, and Earnouts
Learn how deferred purchase price tax treatment works in business sales, from installment reporting and interest charges to earnout risks and buyer basis.
How to Record a 1031 Exchange on Books: Basis, Boot, Depreciation
Learn how to record a 1031 exchange on your books, from tracking basis and intermediary proceeds through handling boot, depreciation, and failed exchanges.
What Is an Accrual? Definition, Types, and How It’s Recorded
Learn how accruals work in accounting, from recording earned revenue and incurred expenses to when the accrual method is required and why accuracy matters.
Why Is Social Security Taxed Twice and How to Pay Less
Learn how and why Social Security is taxed twice, from payroll taxes during your career to income tax on benefits in retirement and strategies to owe less.
IRS Notice CP75: What It Means and How to Respond
Learn how to handle an IRS Notice CP75, from understanding why the audit was triggered and preparing your proof through responding and dealing with the outcome.
Church Tax in Germany: Who Pays, How Much, and How to Opt Out
Learn how the church tax in Germany works, from who pays and how the amount is calculated to leaving the church and the consequences that follow.
What Happens If You Don’t Pay DoorDash Taxes?
Learn what happens if you don't pay DoorDash taxes, from mounting penalties and interest through IRS collection actions and options for resolving the debt.
Convertible Note Tax Treatment: Interest, Conversion, and OID
Learn how convertible notes are taxed for holders and issuers, from interest accruals and conversion into stock to sales, losses, and recharacterization.