3 The §199A Qualified Business Income Deduction U.S. Tax Law Essentials · 3:49 Dive into the powerful §199A deduction that allows pass-through business owners to potentially deduct 20% of their qualified business income, while uncovering the key rules, limits, and eligibility requirements that determine how much you can actually save.
2 Qualified Retirement Plans U.S. Tax Law Essentials · 3:48 Dive into the world of qualified retirement plans, including 401(k)s, employer matching, and contribution limits, to understand how tax-deferred savings can help build long-term financial security.
3 Health and Welfare Benefits U.S. Tax Law Essentials · 4:08 Diving into the tax treatment of employer-provided health benefits, this chapter breaks down how Section 106 exclusions work and what the ACA's employer mandate means for businesses with 50 or more full-time workers.
1 Gift Tax U.S. Tax Law Essentials · 5:14 Covering the fundamentals of U.S. gift tax law, this track breaks down the annual exclusion threshold and explains when giving money away triggers a tax obligation. Listeners will learn how the $18,000 annual exclusion works and why staying below it means no paperwork required.
1 Executive Compensation U.S. Tax Law Essentials · 3:54 Dive into the tax rules governing executive pay, where Section 162 sets the standard for "reasonable compensation" and Section 162(m) caps the corporate deduction for executive salaries at $1 million.
2 Estate Tax U.S. Tax Law Essentials · 3:24 A deep dive into U.S. estate tax law, breaking down how a deceased person's gross estate is calculated under IRC sections 2031-2046, along with key deductions and credits that reduce the final tax burden.
3 Generation-Skipping Transfer Tax (GSTT) U.S. Tax Law Essentials · 4:24 Dive into the Generation-Skipping Transfer Tax, a specialized federal tax designed to prevent wealthy families from avoiding estate taxes by transferring assets directly to grandchildren or later generations, and learn who qualifies as a "skip person" and why this tax exists.
4 Estate and Gift Tax Planning Techniques U.S. Tax Law Essentials · 3:57 Dive into powerful estate and gift tax planning strategies that help wealthy individuals protect and transfer assets to future generations, covering essential tools like Irrevocable Life Insurance Trusts (ILITs) and Grantor Retained Annuity Trusts (GRATs) to legally minimize tax burdens.
1 Constitutional Limitations on State Taxation U.S. Tax Law Essentials · 3:16 Explore the constitutional boundaries that govern how states can impose taxes, covering key principles like Due Process, Commerce Clause requirements, and the four-part test for determining when a state has the right to tax — starting with the critical concept of substantial nexus.
2 State Income Tax U.S. Tax Law Essentials · 3:09 A deep dive into how businesses operating in multiple states divide and report their income across jurisdictions, exploring the evolution from the traditional three-factor UDITPA formula to modern approaches for allocating property, payroll, and sales.
3 Sales and Use Tax U.S. Tax Law Essentials · 4:13 Dive into the world of sales and use tax, exploring how states determine what gets taxed, why everyday essentials like food and medicine often receive special treatment, and how rates and rules vary across the country.
4 Property Tax U.S. Tax Law Essentials · 3:59 Dive into the world of property tax and discover how local assessors determine what you owe based on your property's value, exploring the three key methods — market, cost, and income — used to calculate that number.
5 Other State and Local Taxes U.S. Tax Law Essentials · 4:20 Venture beyond income tax to explore the variety of state and local taxes businesses face, from franchise fees and gross receipts taxes to Texas's margin tax and Washington's B&O tax, which can apply even when profits are slim.
1 U.S. International Tax Framework U.S. Tax Law Essentials · 4:37 A foundational overview of how the U.S. taxes its citizens and green card holders on worldwide income, no matter where they live or work across the globe.
2 Taxation of U.S. Persons with Foreign Operations U.S. Tax Law Essentials · 3:39 Dive into the complex world of international tax law as it applies to U.S. corporations operating abroad, covering key concepts like Controlled Foreign Corporations (CFCs) and how the IRS claims its share of overseas profits.
3 Taxation of Foreign Persons with U.S. Activities U.S. Tax Law Essentials · 3:14 Exploring how foreign individuals and entities are taxed on income earned within the United States, this chapter breaks down the two key taxation pathways, including effectively connected income and its graduated rate structure.
5 Protecting the Deduction U.S. Tax Law Essentials · 4:33 Dedicated to safeguarding one of the most scrutinized tax deductions available, this chapter walks you through the essential documentation strategies — from floor plans and measurements to dated photos — that prove your home office claim is legitimate and audit-ready.
Primary Legal Sources (all free) U.S. Tax Law Essentials · 3:24 Discover where to find the foundational legal documents that govern U.S. tax law, including how to access primary sources for free online. Listeners will learn which official texts carry the most authority and where to locate them to build a solid understanding of tax legislation.
1 What Form 5472 Is U.S. Tax Law Essentials · 2:59 An introduction to Form 5472, breaking down its purpose as an informational filing requirement for foreign-owned U.S. corporations and LLCs that helps you understand what triggers the obligation to file.
3 What Counts as a Reportable Transaction U.S. Tax Law Essentials · 3:09 Diving into the world of reportable transactions, this chapter breaks down exactly which financial activities between foreign-owned U.S. entities and their overseas counterparts must be disclosed to the IRS, from capital contributions and loans to rent, royalties, and service fees.
3 When No US Tax Is Owed U.S. Tax Law Essentials · 3:04 Explore the specific conditions under which a foreign-owned U.S. LLC can avoid owing American taxes, including what it means to have no U.S. trade or business and how service location determines tax liability.