Taxes
Taxpayers use Form 6252 to report installment sales when at least one payment arrives after the tax year of the…
Understanding the financial health of a business involves a lot of accounting. One of the most popular methods for determining…
Bonuses paid by employers get special tax treatment and could have a significant impact on an employee’s tax situation. In…
Reporting tax-exempt interest on Form 1040 is required even though the interest is not taxed. This type of income often…
The federal corporate income tax rate in the U.S. is a flat 21% as of 2025. This rate applies to…
President Donald Trump is forging ahead in his second term with an ambitious and controversial plan to remake global trade…
As a U.S. territory, Puerto Rico can offer tax incentives not available on the mainland. This status allows it to…
When you donate noncash items—such as artwork, vehicles, clothing or other property to a qualified charitable organization, you must report…
Form 8396 is used to claim the mortgage interest credit. This is a nonrefundable federal tax credit available to certain…
An 83(b) election lets individuals who receive restricted stock or stock options pay taxes on the value at the time…