Tax Compliance & Planning Archive
Form 1099-K Reporting Requirements: Overview Q&A
With the new reporting threshold, you may now be responsible for filing Form 1099-K. Learn what this form is, why it matters, and how you can meet reporting requirements. Read More
What to Ask Your CPA: Are Net Losses from My Real Estate Activities Able to Offset Other Items of Income?
We regularly receive questions from individuals asking why a loss reported on a Schedule K-1 received was not deducted on their ta… Read More
Private Foundations: Understanding Self-Dealing and Disqualified Persons
Many private foundations find themselves having to undo certain transactions that appear perfectly reasonable but are prohibited d… Read More
Beyond the Donor Acknowledgement Letter: Forms 8282 and 8283
This is updated from an article that was originally published on 11/1/2016. Your charity just received a donation of a painting va… Read More
Six Steps for Board Review of the Form 990
The following approach is intended for those that prefer a broad overview of the Form 990 and is presented in the form of six review steps. Read More
How to Properly Account for Rising Freight Costs
As the supply chain continues to rebuild after the pandemic, many companies are facing growing freight complications and rising associated costs. Read More
FASB Issues Exposure Draft for Crypto Assets
The FASB has issued an Exposure Draft that contains guidance for improving the accounting and disclosure of crypto assets. Read More
What to Ask Your CPA: Is My Entity Subject to Business Interest Limitations?
New rules have added another level of complexity onto some already complex real-estate-tax laws. Here are some questions you should ask. Read More
