Tax — 2 / 3

Tax, page 2 of 3 — 24 articles published 2026-04-25 ~ 2026-08-30.

August 30, 2026

1031 Exchange Rules 2026: 45-Day and 180-Day Deadlines, Qualified Intermediary, and Boot Explained

Plain-English guide to Section 1031 like-kind exchange rules for 2026: the 45-day identification and 180-day closing deadlines, why a qualified intermediary is mandatory, what real estate qualifies after the TCJA, how boot triggers tax in a partial exchange, reverse and improvement exchange structures, depreciation-recapture deferral, and the common mistakes that disqualify an exchange.

1031 exchange like-kind exchange real estate taxes

August 29, 2026

Cost Segregation Study 2026: How Real Estate Investors Accelerate Depreciation to Cut Taxes

A practical 2026 guide to cost segregation studies for US real estate investors. Learn how reclassifying building components into 5, 7, and 15-year assets accelerates depreciation, what studies typically cost, expected ROI ranges, how bonus depreciation fits in, and the recapture risk waiting at sale.

Cost Segregation Real Estate Tax Depreciation

August 28, 2026

IRS Tax Levy Release Help 2026: Stop Wage and Bank Levies Fast

How to get an IRS tax levy released in 2026: the difference between a levy and a lien, the five release paths (full pay, installment agreement, OIC, CNC, hardship), the 30-day CDP hearing window with Form 12153, and when to hire representation.

IRS Tax Levy Levy Release

August 27, 2026

Foreign Earned Income Exclusion (FEIE) Guide 2026: A Practical Walkthrough for US Citizens Abroad

A practical FEIE guide for US citizens and green card holders living overseas. Understand the Physical Presence Test vs Bona Fide Residence Test, the foreign housing exclusion, FEIE vs Foreign Tax Credit, who qualifies, and the mistakes that cost expats real money on Form 2555.

FEIE expat tax Form 2555

August 27, 2026

IRS Fresh Start Program 2026: A Practical Guide to Resolving Back Taxes

How the IRS Fresh Start initiative actually helps in 2026: installment agreements, offers in compromise, currently-not-collectible status, and penalty abatement—who qualifies, how to apply, and how to spot the predatory 'settle your tax debt for pennies' companies you should avoid.

IRS Fresh Start Back Taxes

August 26, 2026

IRS Offer in Compromise 2026: How to Settle Tax Debt for Less

A practitioner's guide to the IRS Offer in Compromise (OIC): the three grounds for settling federal tax debt for less than you owe, who actually qualifies, how the IRS calculates Reasonable Collection Potential, Form 656 and 433-A(OIC), the application fee and low-income waiver, realistic timelines, alternatives like installment agreements and Currently Not Collectible, and how to spot 'pennies on the dollar' tax-relief mills.

OfferInCompromise IRS TaxDebt

August 26, 2026

Section 179 Deduction 2026: Expensing Business Equipment the Right Way

A working guide to the IRS Section 179 deduction for 2026: what qualifies, the dollar limit and phase-out, the business income limitation, how it stacks with bonus depreciation, the heavy-vehicle SUV cap, recapture when business use drops, and how to elect on Form 4562 without wasting a low-bracket year.

Section179 Depreciation BonusDepreciation

August 25, 2026

Qualified Charitable Distribution (QCD) Tax Rules 2026: How a QCD Cuts Your IRA Tax Bill

Qualified Charitable Distribution (QCD) tax rules for 2026: the age 70½ threshold, the inflation-indexed annual limit, how a QCD counts toward your RMD, why the income exclusion beats an itemized charitable deduction, how to execute a direct custodian transfer, and the mistakes that void it.

QCD Qualified Charitable Distribution IRA

August 24, 2026

Alternative Minimum Tax (AMT) 2026: How It Works, Who Gets Hit, and the ISO Trap

Alternative Minimum Tax explained for 2026: how the parallel AMT calculation works, the add-backs and preference items that trigger it, the ISO exercise bargain-element trap, exemption and phaseout, and the AMT credit.

AMT Alternative Minimum Tax ISO

August 24, 2026

Form 1099-K Tax Rules 2026: Who Gets One, the Threshold, and How to Report It Right

Form 1099-K rules for 2026 explained: who gets one from PayPal, Venmo, eBay, and gig apps, the reporting threshold, personal payments vs business income, selling used items at a loss, and how to reconcile it on your return.

1099-K Payment Apps Gig Economy

August 22, 2026

NQSO Tax Guide 2026: Ordinary Income at Exercise, W-2 Withholding, and Capital Gains at Sale

A practical 2026 guide to non-qualified stock option (NQSO/NSO) taxation for US employees. Covers the bargain element taxed as ordinary income at exercise, W-2 reporting and withholding, short vs long-term capital gains at sale, the 1099-B cost-basis double-tax trap, Form 8949 adjustments, cashless exercise, and how NQSOs differ from ISOs and AMT.

NQSO stock options equity compensation

June 17, 2026

IRC §1031 Like-Kind Exchange: How to Defer Capital Gains on Investment Real Estate

A practitioner's walkthrough of the 45/180-day deadlines, qualified intermediary rules, boot traps, DST options, and the swap-till-you-drop strategy for U.S. real estate investors in 2026.

1031 exchange capital gains tax real estate investing

June 17, 2026

Cost Segregation Studies for Commercial and Rental Real Estate in 2026: Front-Loading Depreciation to Cut Your Tax Bill

Cost segregation lets commercial and rental property owners reclassify components into 5-, 7-, and 15-year MACRS categories, generating front-loaded deductions that improve after-tax cash flow. Here's how the engineering analysis works, what it costs, when it makes sense, and how to avoid recapture surprises.

Cost Segregation Real Estate Tax MACRS Depreciation

May 20, 2026

Annuity Beneficiary Tax Rules in 2026: Spousal vs. Non-Spousal Options

Complete guide to annuity inheritance tax rules for 2026. Covers the 10-year rule under SECURE Act, spousal rollover options, qualified vs non-qualified annuity taxation, stretch annuity eligibility, cost basis recovery, and optimal withdrawal strategies for non-spouse beneficiaries.

annuity beneficiary annuity tax 10-year rule

May 14, 2026

Amending Corporate Tax Returns (Form 1120-X) — Penalties, Statute of Limitations, and Strategy

File Form 1120-X, calculate IRC §6662 accuracy penalties, navigate the 3-year statute of limitations, and claim missed R&D credits for a refund.

Form 1120-X corporate tax amended return

May 13, 2026

Section 121 Home Sale Tax Exclusion 2026: The $250k/$500k Capital Gains Exemption Explained

How US homeowners can exclude up to $500,000 in capital gains from a home sale under IRC Section 121 — ownership and use tests, partial exclusion rules, high-gain workarounds, and state tax overlays explained with real scenarios.

Section 121 capital gains home sale exclusion

May 12, 2026

Korea Earned Income Tax Credit 2026: May Application Guide for Expats — Up to KRW 3.3M

Korea's 근로장려금 (Earned Income Tax Credit) May application runs May 1–31, 2026. Single households up to KRW 1.65M, dual-income up to KRW 3.3M. Who qualifies, asset limits, how to apply on Hometax, and the September 2026 payment schedule.

Korea EITC 근로장려금 earned income credit Korea

May 12, 2026

Korean Capital Gains Tax for Foreign Property Owners 2026: What the Surcharge Reinstatement Means for You

Korea's temporary capital gains tax surcharge exemption for multi-home owners expired May 9, 2026. Foreign nationals, F-5 PR holders, and expats owning Korean property now face +20%p or +30%p surcharges. This guide covers your legal options: disposal timing, temporary dual-property exemption (3-year rule), spousal joint ownership, and gift-with-debt strategies — with worked scenarios.

Korea capital gains tax Korean real estate tax foreign property owner Korea

May 12, 2026

Korea Comprehensive Income Tax 2026: Expat Filing Guide — May Deadline, Residency Rules & Double-Tax Treaties

Filing Korea's 2025 comprehensive income tax as a foreigner? The May 31 deadline extends to June 1, 2026 (Sunday rule). Covers 183-day residency test, F-2/F-4/E-7 visa obligations, double-tax treaties with the US, UK, Australia, and how to file on Hometax.

Korea tax expat tax Korea comprehensive income tax

May 11, 2026

Real Estate in Estate Tax Planning 2026 — Valuation, Appraisals, and Tax-Saving Strategies

Master real estate estate tax planning for 2026. Federal exemptions, state estate taxes, step-up in basis, QPRT strategies, FLP valuation discounts, appraisal requirements, and worked scenarios for high-net-worth families owning property.

estate tax real estate step-up in basis

April 30, 2026

Korea IRP and Pension Savings: May Is the Last Window for 2026 Tax Deductions

Korea's comprehensive income tax deadline is May 31, 2026. Freelancers, sole proprietors, and multi-income earners can still top up IRP and pension savings accounts before the deadline to secure 2026 tax credits. Here's how.

Korea IRP pension savings Korea tax deduction

April 30, 2026

Korea Auto Tax: June Installment Application Closes in May — What You Need to Know

Korea's annual vehicle tax (자동차세) June 1st-term is due June 16–30. If you want to split payments, you must apply through Wetax before the May deadline. Here's how it works and when it's worth it.

Korea auto tax 자동차세 Wetax

April 30, 2026

Korea Global Income Tax: Last-Minute Deduction Checklist Before the May 31 Deadline

Filing Korea's Jonghabnso with 30 days left: what freelancers, side-income earners, and self-employed residents must verify in Hometax before May 31, 2026.

Korea income tax Jonghabnso Hometax

April 25, 2026

IRS Penalties for Late Filing and Underpayment: What You Actually Owe in 2026

Missed the April 15 tax deadline or underpaid your federal income taxes? This guide breaks down IRS failure-to-file and failure-to-pay penalties, how interest compounds, and the fastest ways to minimize what you owe in 2026.

IRS tax penalties late filing