How to Find Operating Budget on Form 990: Parts VIII & IX
Learn how to find the operating budget on a Form 990, from locating the expense and revenue totals to adjusting the figure and judging sustainability.
C Corporation Double Taxation: Reduction, Penalties, and QSBS
Learn how C corporation double taxation works, from the two tax layers to strategies for reducing the burden and planning a tax-favored exit.
IRC Section 6501: Three-Year, Six-Year, and Unlimited Periods
Learn how the IRS statute of limitations on tax assessment works, from the default filing rule through extensions for omissions and fraud to recordkeeping.
What Happens If Your IRS Payment Bounced? Penalty and Resubmission
Learn what happens if your IRS payment bounced, from the notices and penalties that follow to resubmitting funds and requesting relief when you can't pay.
What Is Considered Proof of Employer Identification Number?
Learn what qualifies as proof of an Employer Identification Number, from documents you may already have to requesting a replacement letter from the IRS.
Is LIFO Allowed Under GAAP? Conformity Rule and Exceptions
Learn how LIFO is treated under GAAP, from the rules governing its use and tax conformity to switching methods and how the treatment differs under IFRS.
What Is a Carve-Out Audit and When Is It Required?
Learn how a carve-out audit works when separating a business unit from its parent, from when it's needed and how the statements differ to scope and timing.
Can I Donate My RMD to Charity Tax-Free? QCD Rules and Reporting
Learn how to donate your RMD to charity tax-free with a qualified charitable distribution, from eligibility and transfers to tax benefits and reporting.
What Is a Private Non-Operating Foundation? Payout, Taxes, and Filing
Learn how a private non-operating foundation works, from donor deductions and payout rules to investment taxes, insider restrictions, annual filings, and windup.
Tax Rates in Germany: Income, VAT, Business, and Property
Learn how tax rates in Germany work, from personal income and social contributions to business earnings, investments, and property or vehicle ownership.