Taxes
Kiddie Tax Threshold: What Counts and What Doesn’t
The first time a child’s brokerage account throws off dividends, many families get the same surprise: “Wait, kids can owe tax on this?” The kiddie
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Insights from Shaun Glenn on accounting, tax preparation, tax resolution, and financial strategy to help businesses, organizations, and individuals make informed financial decisions.
Taxes
Tax Form 8615: Kiddie Tax Rules You Need to Know
When a child has investment income, the tax rules can shift fast. The goal of form 8615 is simple: it calculates the “kiddie tax” so
Industry Tips
Partnership vs LLC: Which One Saves More?
A business structure is not just paperwork. It sets the rules for personal risk, tax reporting, and how smoothly money moves when the business grows.
Industry Tips
Form 3520: Foreign Gifts & Trusts, No Panic
A parent overseas wires money for a down payment. A grandparent abroad leaves an inheritance. A family trust makes a distribution. Then someone searches form