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Guides · US Tax

US Tax guides

743 plain-English guides on us tax, each one ending in what to do next.

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Page 24 of 31, newest first.

US Tax

Retirement Plans for Manufacturers: 401(k), Cash Balance, and Cross-Tested Plans for a Mixed Workforce

Manufacturing businesses with highly compensated owners and lower-paid production workers need a retirement plan that maximizes owner contributions while.

Sep 4, 2026
US Tax

Manufacturing Sales and Use Tax Exemptions: Machinery, Raw Materials, and Utilities

Sales and use tax is a state-level concern, but for manufacturers it is one of the largest and most audit-prone areas of state tax compliance.

Sep 4, 2026
US Tax

Manufacturing Tax Deductions: What Expenses Can You Write Off and What Must Be Capitalized?

A complete guide to tax deductions for manufacturers, including raw materials, labor, equipment, UNICAP capitalization rules under IRC 263A.

Sep 4, 2026
US Tax

Workers' Compensation and Workplace Safety Deductions for Manufacturers

Workers' comp premiums, OSHA compliance costs, safety equipment, and self-insured reserves are all deductible for manufacturers.

Sep 4, 2026
US Tax

Medical Practice Bookkeeping: Chart of Accounts, Patient Revenue Recognition, and Insurance Adjustments

Medical practice revenue is never just what gets billed. Here is how to build a chart of accounts that separates charges, contractual adjustments.

Sep 4, 2026
US Tax

Physician Compensation Models: RVU-Based, Salary Plus Bonus, and Eat-What-You-Kill Tax Treatment

How a physician gets paid, W-2 salary, RVU production, a guaranteed partnership payment, or K-1 share, changes how that income is taxed.

Sep 4, 2026
US Tax

Employee Benefits for Medical Practices: Health Insurance, HSA, Dependent Care, and Fringe Benefits

The self-employed health insurance deduction, HSA eligibility for S-corp shareholders, cafeteria plans, and the ACA employer mandate for practices.

Sep 4, 2026
US Tax

Medical Practice Entity Structure: PC, PLLC, S-Corp Election, and State Requirements

Most physicians must practice through a professional entity, a PC or PLLC, and layer an S-corp election on top for self-employment tax savings.

Sep 4, 2026
US Tax

Locum Tenens Tax Obligations: 1099 Income, Travel Deductions, and Tax Home Rules

Locum tenens physicians are independent contractors who owe their own self-employment tax, quarterly payments, and face high-stakes tax home and travel.

Sep 4, 2026
US Tax

Should a Physician Own or Lease Office Space? Real Estate Planning for Medical Practices

Owning your medical office through a separate entity raises self-rental rules, cost segregation opportunities, and QBI questions that leasing doesn't.

Sep 4, 2026
US Tax

Retirement Plans for Physicians: Defined Benefit, 401(k), and Cash Balance Plans

A high-income physician can shelter far more than the standard 401(k) limit using a cash balance or defined benefit plan layered on top of it.

Sep 4, 2026
US Tax

Selling a Medical Practice: Goodwill, Non-Compete Agreements, and Capital Gains Tax Treatment

How the sale price of a medical practice gets allocated between goodwill, a non-compete, receivables, and equipment, and what each costs in tax.

Sep 4, 2026
US Tax

Starting or Buying a Medical Practice: Startup Costs, Purchase Price Allocation, and Tax Planning

Opening a new practice and buying an existing one are taxed completely differently, from startup cost limits to purchase price allocation rules.

Sep 4, 2026
US Tax

Tax Deductions for Physicians: Equipment, CME, Malpractice Insurance, and What Qualifies

Physicians can deduct medical equipment through Section 179 or bonus depreciation, plus CME, licensing, malpractice insurance.

Sep 4, 2026
US Tax

Form 1023 vs 1023-EZ: How to Apply for 501(c)(3) Tax-Exempt Status

A complete guide to the IRS 501(c)(3) application process, including Form 1023 vs 1023-EZ eligibility, organizing document requirements.

Sep 4, 2026
US Tax

Nonprofit Board Governance and Compensation: How to Set Pay Without Triggering Intermediate Sanctions

Nonprofit boards that set executive compensation without a documented process risk IRC 4958 excise taxes on the executive and board members.

Sep 4, 2026
US Tax

Donor Acknowledgment Letters and Tax Receipts: What Nonprofits Must Provide Under IRC 170

Nonprofits must provide written acknowledgment for donations of $250 or more and quid pro quo disclosure for payments over $75.

Sep 4, 2026
US Tax

Nonprofit Employee vs. Contractor Classification: Minister Housing Allowance, FICA Exemptions, and Payroll Rules

Worker classification is high-stakes for nonprofits. Here is the IRS test, the minister's housing allowance under IRC 107.

Sep 4, 2026
US Tax

Fiscal Sponsorship Tax Implications: Model A vs Model C, Donor Deductibility, and Transition to 501(c)(3)

How fiscal sponsorship works for tax-deductible donations without 501(c)(3) status. Model A vs Model C structures, variance power under Rev. Rul.

Sep 4, 2026
US Tax

Nonprofit Form 990 Filing Guide: Which Form, When to File, and What Happens If You Don't

Most 501(c) organizations must file Form 990 each year. Here is how to determine which version you file, what the public support test requires.

Sep 4, 2026
US Tax

Nonprofit Fundraising Event Tax Rules: Galas, Auctions, Raffles, and Sponsorships

Fundraising events create a split between the charitable contribution (deductible) and the purchase price of goods or services received (not deductible).

Sep 4, 2026
US Tax

Nonprofit Grant Management: Restricted Funds, ASC 958, and Cost Allocation

ASC 958 classifies a nonprofit's net assets into two categories: with donor restrictions and without donor restrictions.

Sep 4, 2026
US Tax

Private Foundation Excise Taxes: IRC 4940-4945 Compliance, Self-Dealing, and Minimum Distribution

Private foundations face six excise taxes that public charities avoid. Private foundations are subject to six excise taxes under IRC 4940-4945: (1) a 1.

Sep 4, 2026
US Tax

Unrelated Business Income Tax (UBIT): When Your Nonprofit Owes the IRS

A deep guide to IRC 512-514 for tax-exempt organizations: what triggers UBIT, the key exclusions, debt-financed property rules, the silo rule.

Sep 4, 2026