Your ERC Refund Arrived in 2026. Now What?
The Current Situation A significant number of Employee Retention Credit (ERC) claims filed in 2022 and 2023 are only now being processed, […]
The “Rent Assets to Your Own Corporation” Myth
A Frequently Repeated Claim The claim circulates widely across social media and informal advisory channels, typically presented with considerable confidence: rent a […]
Freeing Suspended Passive Losses — and the New 2026 Trap
Say you bought a rental property for $ 300,000 ten years ago. Depreciation and expenses have created a loss on paper almost […]
Your Home Office Can Be Three Square Feet
If you’ve ever hesitated to claim the home office deduction because your “office” is a corner of the bedroom, a converted closet, […]
S Corp Owner Health Insurance Deduction: The Box 5 Rule Most Owners Miss
Every year we see the same W-2. The S corporation paid the owner’s health insurance premiums. The premiums were added to Box […]
QBI Deduction 2026: What Actually Changed, and What Didn’t
Start with the number that isn’t real. A lot of business owners are expecting a 23% qualified business income deduction this year. […]
Before You Spend a Dollar: How Start-Up Costs Are Taxed
Starting or buying a business? Learn which start-up costs you can deduct, which must be capitalized, and when your business officially begins for taxes.
Donating Property Worth Over $5,000? Don’t Skip the Appraisal
Donating property worth more than $5,000? The IRS requires a qualified appraisal and Form 8283. Learn the rules so your charitable deduction is not denied.
Paying for Partnership Costs Yourself? Here’s How to Deduct Them
Paying partnership costs out of pocket? Learn which expenses are deductible, how to report UPE on Schedule E, and the mistakes that cost partners money.
The Augusta Rule, Answered: Tax-Free Income From Renting Your Home to Your Business
The Augusta Rule lets you rent your home to your corporation or partnership tax-free up to 14 days. Eight common questions answered, with documentation tips.
If You Reimburse Employee Medical Costs, Don’t Forget the PCORI Fee
Have a 105-HRA, QSEHRA, or ICHRA? You owe an annual PCORI fee on Form 720, due July 31. See the rate, how to calculate it, and how to file on time.
Why Your IRS Refund May Be Frozen — and What a CP53E Notice Means
The IRS now freezes refunds and sends CP53E notices instead of mailing paper checks. Learn who is affected and how to release your refund fast.