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Guides · US Tax

US Tax guides

1,454 plain-English guides on us tax, each one ending in what to do next.

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Page 54 of 61, newest first.

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, and more.

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

Boards that set executive compensation without a proper process risk IRC 4958 excise taxes. Intermediate sanctions under IRC 4958 impose excise taxes on.

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 1.39%.

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
US Tax

Property Management 1099 Reporting: Owner Payments, Vendor Payments, and the $2,000 Threshold

Property managers issue Form 1099-MISC to owners for gross rents collected above $2,000 and Form 1099-NEC to independent contractor vendors above $2,000.

Sep 4, 2026
US Tax

Property Management Bookkeeping: Trust Accounts, Owner Statements, and Proper Fund Segregation

Property management bookkeeping requires a strict split between the management company's own operating funds and the client owners' rental funds.

Sep 4, 2026
US Tax

Property Management Entity Structure: LLC for Liability Protection and Tax Planning

A property management business should be its own LLC, separate from any properties it owns, to wall off liability and plan for an S-corp election.

Sep 4, 2026
US Tax

HOA and COA Accounting for Property Managers: Assessments, Reserve Funds, and Tax-Exempt Status

HOA and condo association accounting separates exempt member assessments from taxable outside income under the Form 1120-H election in IRC 528.

Sep 4, 2026
US Tax

Repairs vs Improvements for Property Managers: The Capitalization Rules That Determine the Deduction

Reg 1.263(a)-3 draws the line between a currently deductible repair and a capital improvement that must be depreciated over the property's life.

Sep 4, 2026
US Tax

Property Management Payroll: Maintenance Staff, Leasing Agents, and Worker Classification

Property management payroll splits between employees of the management company and employees of individual property owners.

Sep 4, 2026
US Tax

Property Management Revenue: Management Fees, Leasing Fees, Maintenance Markups, and When to Recognize Income

Property management revenue comes from several distinct fee types, each earned at a different point in the management cycle.

Sep 4, 2026
US Tax

Security Deposit Accounting for Property Managers: Holding, Returning, and Tax Treatment

A security deposit is a liability when received, not income, and becomes taxable income only when it is actually applied to unpaid rent or damages.

Sep 4, 2026
US Tax

Property Management Tax Deductions: Office, Vehicle, Software, and What You Can Write Off

A property management company deducts its own ordinary and necessary business expenses under IRC 162, separate from any deduction the owner claims.

Sep 4, 2026
US Tax

Short-Term Rental Property Management: Tax Reporting, Platform 1099-K, and the 14-Day Rule

Managing Airbnb and VRBO properties layers platform Form 1099-K reporting, the 14-day rule under IRC 280A, and material participation questions.

Sep 4, 2026