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Check out our latest helpful blogs

Guide to Estimated Taxes
Confused about estimated taxes in 2026? Learn payment deadlines, safe harbor rules, and how to avoid IRS penalties as a small business owner.
employer-provided-life-insurance

The Tax Implications of Employer-Provided Life Insurance

Does your employer provide you with group term life insurance? If they do and the coverage is higher than $50,000, this employee benefit

cash-transaction-reports

File Cash Transaction Reports for Your Business — on Paper or Electronically

Does your business receive large amounts of cash or cash equivalents? You may be required to submit forms to the IRS to report

scholarships-tax-free-or-taxable

Are Scholarships Tax-Free or Taxable?

COVID-19 is changing the landscape for schools this fall. But many children and young adults are going back, even if it’s just for

partners-sometimes-report-more-income-on-tax-returns

Why Do Partners Sometimes Report More Income on Tax Returns Than They Receive in Cash?

You may come across a situation that gives you pause if you’re a partner in a business. In a given year, you may

stepped-up-basis

Take Advantage of a “Stepped-Up Basis” When You Inherit Property

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. Fair

bartering-is-a-taxable-transaction

Even If No Money Changes Hands, Bartering Is a Taxable Transaction

Many small businesses are strapped for cash due to the COVID-19 pandemic. So they may find it beneficial to barter for goods and

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