Form 8997: Complete Guide for Accurate IRS Reporting and QOF Investments

Ensure IRS compliance and avoid penalties by accurately completing Form 8997 for Qualified Opportunity Fund investments. Discover the impact on taxable income, and the need for precise reporting. Ridgewise offers expert accounting services to streamline your filings, reduce risks, and maximize your investment benefits.

Understanding Schedule 1: Impact on Taxes, Research, and Global Drug Policies

Discover how Ridgewise simplifies the complexities of Schedule 1 tax filings, specifically managing additional income from substances like marijuana and psilocybin. This article examines the implications for medical research, the controversies surrounding the classification, and the push for rescheduling. Learn about the global impact and Ridgewise’s expert services in ensuring compliance with intricate regulations.