A raise costs you more than the raise. Fringe benefits can reach your employee untaxed instead, and several of them got more generous for 2026. Here is how each one is treated.
tax planning
Your Q3 Estimated Tax Payment Is Due September 15. Here Is How to Get It Right.
The third quarter estimated tax payment is due September 15. Here is how the safe harbor rules work and why waiting until January to catch up still costs you a penalty.
Selling Across State Lines? You May Owe Sales Tax You Do Not Know About
You do not need an office in a state to owe sales tax there. Here is how sales tax nexus works, and why Colorado and Hawaii are two of the trickiest states to get right.
How Much Should You Pay Yourself? Setting a Reasonable Salary as an S Corp Owner
Pay yourself too little and the IRS can reclassify your distributions as wages. Here is how to set a reasonable salary as an S corp owner, and why mid-year is the time to fix it.
Smart Money Moves for Small Businesses in an Uncertain Economy
You cannot control the economy, but you can control how prepared your business is. Here are practical money moves for small businesses in an uncertain economy.
Can the IRS See Your Venmo, PayPal, or Cash App Transactions?
The 1099-K rules for payment apps changed again for 2026. Here is when Venmo, PayPal, and Cash App report to the IRS, and why your business income is taxable either way.
New Child Savings “Trump Accounts” Launch July 4: What Parents and Business Owners Should Know
A plain-English guide to the new Trump Accounts, the $1,000 seed, the $5,000 limit, how to activate safely (and dodge the scams), and what business owners can now offer.
2021 Year-End Tax Planning Tips Video
Fall Tax Planning May Be Wise
Taxes are like vehicles in that they sometimes need a periodic check-up to make sure they are performing as expected, and if ignored, can cost you money. That is true of taxes as well, especially for 2021, as the pandemic benefits begin to wane and President Biden’s...
Don’t Miss Out on Year-End Tax-Planning Opportunities
To say COVID-19 has made 2020 a disastrous year for just about everyone would be an understatement. In response to the economic slowdown and losses of income, Congress passed several extensive laws to benefit individuals and businesses that suffered financial hardship...
Getting married this summer? You may have some tax planning to do!
We know tax planning isn't high on your wedding to-do list, but here are a couple things to look out for if you're tying the knot this season: Name changes - make sure to report any changes to your name or SSN to the Social Security Administration (SSA). To do that,...