Article Highlights:
Corporate Transparency Act
Beneficial Ownership Information
Events Leaving Beneficial Ownership Information Reporting in Doubt
History of Events
Current Status
Back in 2021 Congress passed the Corporate…
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Picture This…
It’s Monday morning. You’re running on caffeine fumes and a sliver of hope as you open the mail. Then—bam—you see it. A letter from the IRS. You scan the page, your eyes land on those dreadful words: “Wage Garnishment.”…
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As electric vehicle (EV) adoption accelerates across the U.S., states are grappling with a major funding dilemma: how to replace the billions of dollars traditionally generated by gasoline taxes, which have long funded infrastructure and road…
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Article Highlights:
Community Property Laws
Community Property States
Domicile and Its Importance
Treatment of Community Property
Community vs. Separate Property
When Community Property Ends
Special Rule for Spouses…
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Article Highlights:
Scholarships
Grants and Financial Aid
Income from NIL (Name, Image, and Likeness)
NCAA Eligibility and Tax Considerations
Part-Time Jobs
Student’s Standard Deduction
Education Credit
Student Loan…
https://www.islernw.com/wp-content/uploads/2025/02/Blog-header-image-navigating-the-complex-tax-maze-for-student-athletes-Isler-NW-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2025-02-03 12:00:262025-02-14 10:55:47Navigating the Complex Tax Maze for Student-Athletes
The debate over federal tax credits for electric vehicles (EVs) is as electrified as the cars themselves. These credits, designed to incentivize the adoption of EVs, have sparked contrasting opinions about their effectiveness, fairness, and…
https://www.islernw.com/wp-content/uploads/2025/01/Blog-header-image-EV-tax-credits-should-they-stay-or-go-Isler-NW-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2025-01-31 12:00:072025-01-28 06:38:17Federal EV Tax Credits: Should They Stay or Go?
Article Highlights
The Report of Foreign Bank and Financial Accounts
Statement of Specified Foreign Financial Assets
Foreign Rental Property
Foreign Pensions
Reporting Receipt of Foreign Gifts or Bequests
Reporting Ownership…
https://www.islernw.com/wp-content/uploads/2025/01/Blog-header-image-unveiling-hidden-costs-Isler-NW-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2025-01-29 12:00:172025-01-28 04:43:09Unveiling the Hidden Costs: How Non-Compliance in Foreign Asset Reporting Could Lead to Substantial Penalties
February 2025 Individual Due Dates
February 10 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during January, you are required to report them to your employer on IRS Form 4070 no later…
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Are you eyeing 2025 as the year you finally trade your daily commute for days spent traveling, relaxing, or chasing long-postponed dreams? You’re not alone. Many soon-to-be retirees are mapping out a fresh chapter—but hold up. Before you…
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Article Highlights:
Historical Context of Form 1099-K
The Evolution of Reporting Thresholds
Current Reporting Threshold for 2024
Implications for Recipients of Form 1099-K
Impact on Tax Reporting
Individuals Selling Personal…
https://www.islernw.com/wp-content/uploads/2025/01/Blog-header-image-you-may-be-receiving-a-1099k-this-year-heres-what-it-means-Isler-NW-Oregon.png4541199IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2025-01-12 12:00:152025-01-13 02:40:26You May Receive a Form 1099-K This Year: What It Means for Your Taxes
Uncertain About the Reporting Deadlines for BOI?
Business, Corporate, Tax Planning, TaxesIRS Wage Garnishment: What It Means, Why It Happens, and How You Can Stop It
Payments, Tax TipsThe EV Tax Debate: Should Electric Vehicle Owners Pay More to Use the Roads?
Electric Vehicles, UncategorizedHow Living in a Community Property State Impacts Married Couples’ Taxes
2024 Taxes, Tax Planning, Tax Tips, TaxesNavigating the Complex Tax Maze for Student-Athletes
Education, Tax Tips, TaxesFederal EV Tax Credits: Should They Stay or Go?
Electric Vehicles, News, Tax Credits, Tax Reform, Tax TipsUnveiling the Hidden Costs: How Non-Compliance in Foreign Asset Reporting Could Lead to Substantial Penalties
Foreign TaxesImportant February 2025 Due Dates
2025 Due Dates, Tax PlanningIs 2025 the Year to Retire?
RetirementYou May Receive a Form 1099-K This Year: What It Means for Your Taxes
2024 Taxes, Tax Tips, Taxes