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Form 3800: How to Claim the General Business Credit

Published On:
September 1, 2026
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.
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Section 174: How the One Big Beautiful Bill Act Changed Research and Experimental Expenditures

Published On:
September 1, 2026
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Form 7203, S Corporation Shareholder Stock and Debt Basis Limitations

Published On:
September 1, 2026
Form 7203 is used by S corporation shareholders to figure stock and debt basis and the limits on losses, deductions, and credits they can claim.
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Corporate Alternative Minimum Tax (CAMT) Explained

Published On:
September 1, 2026
The corporate alternative minimum tax (CAMT) is a 15% tax on the adjusted financial statement income of billion-dollar corporations. How it works.
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IRS Form 3115: The Application to Change Your Accounting Method

Published On:
September 1, 2026
IRS Form 3115 is the application for a change in accounting method. Learn when to file, automatic vs non-automatic, and the 481(a) catch-up.
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Qualified Business Income Deduction

Published On:
September 1, 2026
The QBI deduction lets eligible business owners deduct up to 20% of qualified business income. See the 2026 thresholds and whether you qualify.
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Form 1128 and How to Adopt, Change, or Retain a Tax Year

Published On:
September 1, 2026
Form 1128 is how you ask the IRS to adopt, change, or retain a tax year. See who must file, automatic vs ruling requests, and the due date.
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How to Prepare a Cash Flow Statement (Direct vs Indirect)

Published On:
September 1, 2026
How to prepare a cash flow statement using the direct and indirect method, with operating, investing, and financing activities explained.
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ASC 250, Accounting Changes and Error Corrections Under GAAP

Published On:
September 1, 2026
ASC 250 covers accounting changes and error corrections. See how a change in accounting principle, an estimate, or an error is handled under GAAP.
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Deferred Tax Asset Valuation Allowance: How to Assess the Need for a Valuation Allowance

Published On:
September 1, 2026
A deferred tax asset valuation allowance reduces a DTA to what you can realize. Here is how to weigh the evidence and decide when to record one.
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Crypto Cost Basis: How It Works and How to Calculate It

Published On:
September 1, 2026
Learn how crypto cost basis works: the cost basis methods, the 2025 wallet rules, and how to calculate it to get your crypto tax right.
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ASC 360 Impairment of Long-Lived Assets Explained

Published On:
September 1, 2026
ASC 360 provides the FASB guidance for testing long-lived assets for impairment. Here is how the impairment test works, step by step.
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BDO Alliance USA is among the industry’s largest associations of accounting and professional service firms. With more than 800 independent Alliance firm locations, the Alliance represents nearly every state and includes a comprehensive range of services.

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