IRS Regulations

Your comprehensive guide to Form 2106-EZ for Unreimbursed Employee Business Expenses. Understand the application, qualifications, and changes under the Tax Cuts and Jobs Act.

Learn what Unrelated Business Taxable Income (UBTI) is and how it impacts tax-exempt organizations. Discover key takeaways, significant activities, excluded activities, and potential penalties.

Dive deep into the IRS tax provision on unrecaptured Section 1250 gain, understand its workings, and explore strategic ways to navigate and optimize your tax liabilities.

Discover the power of elective-deferral contributions and how they can supercharge your retirement savings.

Discover what a parsonage allowance is, its key benefits for ministers, how it impacts taxes, and criteria for eligibility. Get in-depth knowledge about covered expenses and important details surrounding this benefit.

Dive deep into the Applicable Federal Rate (AFR) - the IRS’s set standard for minimum loan interest rates. Learn how AFR impacts tax implications and the strategies to ensure compliance when loaning money to family and friends.

Learn about the intricacies of line of business limitations in federal income tax as it pertains to fringe benefits for employees across different sectors. Understand when taxes apply and discover exemptions to optimize your benefits strategy.

Explore how to access your retirement funds before age 59½ without penalties through Substantially Equal Periodic Payments (SEPP). Learn the rules, methods, advantages, and drawbacks of setting up a SEPP plan to secure a steady pre-retirement income stream.

Discover the key insights on how the Guideline Premium and Corridor Test (GPT) determines tax advantages for life insurance policies and why it's crucial for policyholders.