“Avoid This Hidden Tax Trap inMileage-Reimbursed Vehicles” To get my complete article with all the details… If you get reimbursed for business mileage, you probably think the tax story ends once you’re paid back. For most people, it doesn’t. There’s a little-known rule that quietly turns your “personal” car into a business asset—and when you sell or trade it, that … [Read more...]
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Dog Breeding: Hobby or Business? The Hawaii Case That Won
“Beat the OBBBA/TCJA RulesThat Punish Dog Breeding Hobbies” To get my complete article with all the details… The IRS loves to call dog breeding a hobby—and under the new OBBBA/TCJA rules, that can be a tax disaster. Income is fully taxable, but expenses? Off the table. The good news: you don’t have to accept hobby status. With the right approach, breeders can … [Read more...]
URGENT: New Tax Law Cheats Gamblers in 2026
“OBBBA Cheats Gamblers—Taxes Fictional Income” To get my complete article with all the details… The New Tax Law Can Tax Gamblers on Money They Never Won If you gamble—whether casually or professionally—prepare for a shocking change starting in 2026. The One Big Beautiful Bill Act (OBBBA) just imposed a devastating new restriction that could force you to pay … [Read more...]
Are You Exposed? New IRS Rules Threaten Your Contractor Classifications
“New IRS Guidance Makes It Harderto Claim Section 530 Safe Harbor” To get my complete article with all the details… Are you confident you’re classifying your workers correctly? If you’ve been treating independent contractors as non-employees, you could be walking a fine line — and the IRS is watching. Misclassification can cost you big: payroll tax assessments plus … [Read more...]
The #1 Reason Tax Deductions Get Denied
“Protect Yourself:Digitize Tax Receipts” To get my complete article with all the details… Is Your Credit Card Statement Naked? How about your checkbook? If your credit card statement or checkbook lacks supporting receipts, the IRS considers it “naked”—and that can be a problem when you’re claiming tax deductions. Protect Your Deductions—Go Digital IRS … [Read more...]