How to Calculate Line 6b on 1040: Provisional Income and Thresholds
Learn how to calculate Line 6b on Form 1040, from finding your Social Security benefits and provisional income to applying thresholds and special rules.
Unrecaptured Section 1250 Gain: 25% Rate, NIIT, and Deferral
Learn how unrecaptured Section 1250 gain works when selling depreciated real estate, from calculation and reporting to ways to defer or reduce the tax.
What Happens When You Credit Accounts Receivable?
Learn what happens when you credit accounts receivable, from customer payments and returns to writing off uncollectible debts and handling odd credit balances.
Noncash Donations Over $5,000: Appraisal, Form 8283, and Penalties
Learn how noncash donations over $5,000 work at tax time, from appraisal and filing requirements to deduction limits and penalties for getting it wrong.
What Does In-Kind Contribution Mean for Tax Deductions
Learn how the in-kind contribution tax deduction works, from valuing different kinds of donated property to income-based limits and documentation rules.
Husband and Wife LLC Pros and Cons: Taxes, Liability, Divorce
Learn how the pros and cons of a husband and wife LLC play out in real terms, from tax treatment and liability protection to deadlock, divorce, and death.
Do Pulling Permits Increase Property Taxes? Reassessment and Timing
Learn how pulling a permit affects your property taxes, from the projects that trigger reassessment to when higher bills hit and how to challenge them.
Do Insurance Companies Need to Provide a W-9?
Learn how the W-9 rules apply to insurance companies, from when insurers must provide one to how 1099 reporting, exceptions, and missing forms play out.
When Can Parents Stop Claiming You as a Dependent?
Learn when parents can stop claiming you as a dependent, from age and student status through financial independence and marriage to the tax consequences.
How to Protest Taxes: Federal and Property Tax Appeals, Deadlines
Learn how to protest taxes, from federal and property tax deadlines through filing appeals and court options to handling missed windows and collections.