“Your 2026 Retirement Plan CheatSheet Is Ready” To get my complete article with all the details… SEP-IRA. Solo 401(k). SIMPLE IRA. Defined benefit plan. Each has different limits. Different rules. Different advantages depending on how your business is structured. Keeping track of it all? Overwhelming. That's why we built a single desktop … [Read more...]
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What Relatives Cause You Tax Danger?
“What Relatives CauseYou Tax Danger?” To get my complete article with all the details… You might think you know exactly how much of a business you own. The IRS may see it very differently. Thanks to Section 318, family ties, entities, or even options can quietly turn a small ownership stake into a controlling one—changing how income is taxed, whether losses are … [Read more...]
Could You Deduct a $225,000 Termination Payment Immediately?
“Could You Deduct a $225,000Termination Payment Immediately?” To get my complete article with all the details… Cutting ties with a salesperson or vendor can come with a painful surprise—a six-figure termination payment you didn’t plan on making. The bigger surprise? How the IRS expects you to treat it. Depending on how the agreement is structured and what the … [Read more...]
The IRS Made 2025 Different for Tips—Here’s Why
“The IRS Made 2025 Different for Tips—Here’s Why” To get my complete article with all the details… You’ve probably heard the headline: “No tax on tips.” But for 2025, the reality is more nuanced—and in some ways, more generous—than most people realize. Because 2025 is a transition year, the IRS is applying special rules that affect who qualifies, how tips are … [Read more...]
Crypto Investors: Expect a New Tax Form This Year
“Form 1099-DA Is Here—How ItWill Impact Your Crypto Taxes” To get my complete article with all the details… If you own crypto, the IRS is about to learn a whole lot more about your transactions. Starting this tax year, exchanges must report your digital asset sales on the brand-new Form 1099-DA—and next year, they’ll even report your cost basis. That means fewer … [Read more...]