Jacob Dayan is a tax professional at IRS.com with expertise in U.S. federal and state tax law. Their articles are written to help taxpayers understand complex tax topics in plain English.
174 articles published
Excited about passive income? So were we, until we got to the NIITy gritty.
If you've ever engaged in a 1031 exchange, it's important to understand how to report this transaction on your federal income tax return. This is where IRS Form 8824 steps in to explain a complex exch
Are you self-employed? As a business owner or independent contractor, it’s essential to take advantage of tax savings strategies to maximize your deductions and minimize your tax liability. By impleme
Ever start a story with "What had happened was..."? This is that in corporate taxes.
Want to write summer camp off your taxes? Get the tax ID number on that ropes course!
The official way expats say, "Hey, Uncle Sam, gimme a break."
Huh, I never thought about how social security gets in the way of a vow of poverty.
Remember when the government mailed everyone money? Good times.
A form for direct debit. Does the IRS have a form for taking Apple Pay?
It's a battle! Qualified vs nonqualified dividends. If you're looking for the thrill of the day trader, expect a bit of a tax hangover.
Sure, paying taxes doesn't feel patriotic. But it is.
So you got fired and now you're taxed? Believe it or not, there's good news: You have income.