364 plain-English guides on us tax, each one ending in what to do next.
Page 9 of 16, newest first.
How lodging tax compliance scales across a multi-property, multi-state portfolio. Multistate lodging tax compliance is a registration and reconciliation.
US TaxHow associate compensation works (salary, bonuses, origination credit), what changes when an associate makes partner. Associates are W-2 employees whose.
US TaxCosts that a law firm advances on behalf of a client with an expectation of repayment are not deductible business expenses under IRC 162.
US TaxWhen a contingency fee becomes taxable income, how cash and accrual methods produce different timing results, how to handle advanced litigation costs.
US TaxAll insurance premiums (malpractice, cyber, general liability, workers' comp) are fully deductible under IRC 162. Bar dues.
US TaxLaw firm M&A looks nothing like corporate M&A. No stock, no entity-level gain in most structures. Most law firm mergers are structured as a contribution of.
US TaxMulti-partner law firms with associates and staff can defer $200,000 to $350,000+ per partner per year by combining a 401(k) with a cash balance plan.
US TaxWIP (work-in-progress) in a law firm is time recorded but not yet billed. It is distinct from accounts receivable (time.
US TaxMedical practice revenue is never just what gets billed. Here is how to build a chart of accounts that separates charges, contractual adjustments.
US TaxHow a physician gets paid, W-2 salary, RVU production, a guaranteed partnership payment, or K-1 share, changes how that income is taxed.
US TaxThe self-employed health insurance deduction, HSA eligibility for S-corp shareholders, cafeteria plans, and the ACA employer mandate for practices.
US TaxMost physicians must practice through a professional entity, a PC or PLLC, and layer an S-corp election on top for self-employment tax savings.
US TaxLocum tenens physicians are independent contractors who owe their own self-employment tax, quarterly payments, and face high-stakes tax home and travel rules.
US TaxOwning your medical office through a separate entity raises self-rental rules, cost segregation opportunities, and QBI questions that leasing doesn't.
US TaxA 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.
US TaxHow the sale price of a medical practice gets allocated between goodwill, a non-compete, receivables, and equipment, and what each costs in tax.
US TaxOpening a new practice and buying an existing one are taxed completely differently, from startup cost limits to purchase price allocation rules.
US TaxPhysicians can deduct medical equipment through Section 179 or bonus depreciation, plus CME, licensing, malpractice insurance, and more.
US TaxA complete guide to the IRS 501(c)(3) application process, including Form 1023 vs 1023-EZ eligibility, organizing document requirements.
US TaxBoards that set executive compensation without a proper process risk IRC 4958 excise taxes. Intermediate sanctions under IRC 4958 impose excise taxes on.
US TaxWorker classification is high-stakes for nonprofits. Here is the IRS test, the minister's housing allowance under IRC 107.
US TaxFundraising events create a split between the charitable contribution (deductible) and the purchase price of goods or services received (not deductible).
US TaxPrivate 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%.
US TaxProperty 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.