How could something be income in 2025 if you don’t collect until 2026? The IRS says you have 'constructive receipt' when you ...

We had a reader reach out to us concerning farmer’s constructive receipt of grain sales. Here are his comments: “Please address the proper way to execute deferred payment contracts. I have several ...

Natalie Santangelo died March 29, 2007, owning about 21,500 shares of HCA, Inc. She had the stock certificates. But after HCA merged with another corporation in 2006, HCA stockholders were entitled to ...

Many employers have paid-time-off (PTO) policies that allow employees to cash in some portion of their PTO when the balance reaches a certain level. Other employers offer to buy back unused PTO from ...