Beyond the Deadline: What To Know About Filing Your Taxes
Missing the tax deadline doesn’t have to be a disaster. Learn how to request an extension, navigate payment plans, and minimize penalties even if you’re filing past due.
General Advice When You Have Freelancers
Master the essentials of hiring freelancers with this guide on IRS compliance, 1099 tax reporting, and choosing the most efficient payment methods for your business.
What Happens If I Cannot Pay My Taxes?
Struggling with IRS debt? Discover the various relief options available, from short-term payment plans and installment agreements to “Offers in Compromise” and innocent spouse relief.
IRS Announces Mileage Rate Changes
The IRS has announced the 2026 optional standard mileage rates, featuring a 2.5-cent increase for business travel and minor adjustments for medical and military moving expenses.
A Year-End Move That Can Save You Thousands in Mortgage Interest
Making one extra mortgage payment each year could save you thousands in interest and shorten your loan term by several years. Just make sure your emergency fund and high-interest debts are under control first.
Why CFOs Are Rethinking the Execution Layer of Finance
Thinking about renting out your vacation home to earn some extra income? It’s a smart move—but the IRS has some rules that could trip you up. How much you use the home personally, who you rent it to, and how many days it’s on the market all impact what you can (and can’t) deduct. For example, too much personal use or discounted rent to friends and family could limit your tax benefits.
Navigating the fine print now can help you avoid surprises later. A little planning goes a long way in keeping more of what you earn—and staying on the IRS’s good side.
Key Tax Changes Taking Effect in 2026
Key tax changes under the One Big Beautiful Bill Act take effect in 2026, affecting individual and business taxpayers. Early planning is essential to navigate new deductions, estate tax updates, and energy credit changes.
AI in Accounting: From Assist to Action
Thinking about renting out your vacation home to earn some extra income? It’s a smart move—but the IRS has some rules that could trip you up. How much you use the home personally, who you rent it to, and how many days it’s on the market all impact what you can (and can’t) deduct. For example, too much personal use or discounted rent to friends and family could limit your tax benefits.
Navigating the fine print now can help you avoid surprises later. A little planning goes a long way in keeping more of what you earn—and staying on the IRS’s good side.
States Escalate Enforcement of Wage Theft
As jurisdictions nationwide shift from civil fines to criminal prosecution, businesses must move beyond basic payroll processing to avoid the escalating risks of felony wage theft charges.
IRS Gives Guidance on New Tax Benefits
New IRS guidance under the OBBBA expands HSA eligibility to include bronze and catastrophic plans, permanent telehealth access, and direct primary care arrangements.