Strategies to optimize your finances

The grantor trust rules decide when the grantor, not the trust, pays income tax on trust income. See how sections 671 to 679 work in plain English.

The Work Opportunity Tax Credit rewards employers who hire from target groups. See how the WOTC works, who qualifies, and its 2026 status.

The Texas franchise tax is a privilege tax on entities doing business in Texas. Here is who must file the franchise tax report and how it works.

The FICA tip credit lets employers claim a tax credit for Social Security and Medicare taxes paid on employee tips. Here is how Form 8846 works.

IRS Form 3800 is how you claim the general business credit, the total of your business tax credits. Here is how it works and how to file it.