“A Little-Known Way to Pay Family(Without Payroll Taxes?)” To get my complete article with all the details… Most tax pros know the “hire your child” strategy. But here’s what I’ll admit—I used to think that once the child was over 18, or if the business was a corporation, the payroll tax benefit was largely gone. Turns out, that’s not always the case. Here … [Read more...]
Spouse on payroll: the compliance trap hiding in plain sight
“Spouse on Payroll: the ComplianceTrap Hiding in Plain Sight” To get my complete article with all the details… You hire your spouse. You set up a Section 105-HRA. The plan reimburses $20,000 in family medical costs. Now someone asks: shouldn't you also put your spouse on payroll and issue a W-2? It feels like the safe move. But safe for whom—and at what cost? … [Read more...]
The AI gave him three citations. None of them existed
“The AI Gave Him Three Citations.None of Them Existed.” To get my complete article with all the details… A lawyer needed to defend his client against a $2.3 million IRS deficiency notice. He asked an AI tool a tax question. The AI gave him exactly the answer he was looking for—complete with case citations, docket numbers, and years. Confident. Authoritative. … [Read more...]
Your 2026 IRS Penalty Cheat Sheet—Download the Desktop Reference
“Your 2026 IRS Penalty Cheat Sheet—Download the Desktop Reference” To get my complete article with all the details… You didn't miss a filing. You didn't cheat on your taxes. But you were three days late on a payroll deposit. Or you filed an extension but underestimated what you owed. IRS penalties don't care about intent. They compound. They escalate. And tax … [Read more...]
Inherited HSA? The entire balance is taxable income — this year
“Inherited HSA? The Entire Balanceis Taxable Income — This Year" To get my complete article with all the details… Your client has been doing everything right with their HSA. Maximum contributions every year. No withdrawals. Letting it grow like a super IRA. Now they're seriously ill. Their adult child is the beneficiary. And nobody has told them what happens … [Read more...]