Tax Answers

Clear, audit-ready answers to hundreds of real tax questions, each backed by verified IRC citations. Browse by topic or search the full library of Feather tax answers.

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Every tax answer is grouped into a subject hub so you can move from a single question to the surrounding topic. Pick a subject to see the full set of answers.

What are the benefits of having a consolidated group?
Business
What is a business reorganization?
Business
What compliance is necessary to e-file tax returns?
Filing
How are PTE's taxed for federal purposes?
Business
What energy credits are available?
Credits
Are mortgage points deducted or amortized?
Deductions
Real-estate
What is transfer pricing?
Business
If I own rental properties internationally, how does that affect my individual tax return?
Real-estate
Filing
How should I keep track of my non-deductible IRA contributions to accurately report them on Form 8606?
Retirement
Forms
When I receive RMD from IRA, how can i calculate the amount which was non deductible traditional IRA?
Retirement
How can I calculate non deductible traditional IRA?
Retirement
Can i get a tax credit for an energy efficient dishwasher?
Credits
How does a ROBS 401(k) plan differ from a traditional 401(k) when it comes to tax implications?
Retirement
What can you tell me about a ROBS 401k?
Retirement
What's the holding period to receive qualified dividend treatment
Investments
And what are the benefits to making it a partnership?
Business
How FTCs are prorated when the tax year of the foreign country is different from the calendar year in US?
Credits
State-taxes
What is the useful life for depreciation of a semi-truck
Business
What is the difference between the AFR rate and the adjusted AFR rate?
Investments
Do I need to write the spouse name if I am filing for marriage separately and my spouse does not have ITIN or SSN
Filing
How an Italian person who live in Australia will pay taxes? She is living in Australia for a year and working for a startup.
Filing
If I check that I have a change in fiduciary on Form 1041 do I also need to check change in fiduciary address?
Forms
What specific IRS forms do I need to fill out to report the sale of a principal residence that was formerly a rental property?
Forms
Real-estate
Does a citizen of Canada who has a working Visa in the US files a 1040 just like other us Citizens?
Filing
Forms
Can a US citizen be on US payroll if they live abroad?
Self-employment
What forms do I need to submit to the IRS to officially change the partnership status to a single-member LLC?
Forms
Business
Who must file 1042?
Forms
When I sell my LLC to another individual or LLC, am I correct in understanding that all my LLC's tax obligations are taken over by the buyer? I am thinking that I would file my 2023 taxes with you and leave them to deal with everything else.
Business
Discuss the best way to fund an HSA for a 2% shareholder of an S corporation.
Business
Does an estate IRA rollover get a basis step up?
Estate-gift
Retirement