Strategies to optimize your finances

FBAR filing explained: who must file FinCEN Form 114, the $10,000 foreign bank account threshold, the deadline, and how to file an FBAR.

The form 1099-K reporting threshold is back to $20,000 and 200 transactions for 2025 after the IRS $600 plan was repealed. Here is what applies now.

The Augusta Rule (Section 280A) lets business owners rent their home to their company for up to 14 days, tax-free. How it works and the IRS rules.

Cost segregation studies help real estate owners accelerate depreciation and boost cash flow for real tax savings. See how cost seg works.

Hobby loss rules under Section 183 decide if a taxpayer's activity is engaged in for profit. See the factors the IRS uses to judge profit motive.

IRS Form 2553 lets a small business corporation elect S corp tax status. Learn who can file Form 2553, the deadline, and how to elect.