1,407 plain-English guides on cross-border moves, US and Canadian returns, and small-business money. Each one ends in what to do next, and says when a written Position Check is the smarter first step.
October 4, 2026
Partnership distributions and basis: tax-free to the extent of outside basis, gain on excess cash, property distributions and carryover basis, hot assets under Section 751, liability shifts as deemed distributions, and Form 7217.
Read more →October 4, 2026
Partnership guaranteed payments under Section 707(c): for services or capital, ordinary income and self-employment tax, deductibility, no QBI, health insurance and retirement contributions, and reporting on Schedule K-1.
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Partnership taxation for multi-member LLCs: Form 1065 and Schedule K-1, allocations, self-employment tax, outside basis and tax-basis capital accounts, the Section 754 election, and the centralized audit regime.
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Pass-through entity tax elections: how the SALT cap workaround operates, the 2025 law's higher cap and phase-down, which owners benefit, election deadlines and payment timing, nonresident owners, and Florida businesses with multistate income.
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Employment tax penalties: failure-to-deposit tiers, late Form 941 and W-2 penalties, the trust fund recovery penalty, misclassification, wrong deposit schedules, interest, first-time abatement, and the mistakes that commonly trigger notices.
Read more →October 4, 2026
Section 460 and long-term contracts: the percentage-of-completion method and the cost-to-cost formula, the small contractor exemption (gross receipts test and two-year contracts), the completed contract and cash methods for exempt contractors, home construction contracts, look-back interest on Form 8697, the 10 percent deferral election, retainage, and the alternative minimum tax.
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Personal goodwill in a business sale: what it is, when it exists, how it avoids corporate-level and built-in gains tax, the valuation and agreements required, and the cases that define it.
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Deducting mixed-use assets and services: business-use percentage for phones, internet, and computers, the rules for employer-provided phones, converting a personal computer or vehicle to business use at the lower of cost or value, home internet and the home office, and documentation.
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The 12-month rule for prepaid expenses: what cash-method businesses can deduct, the limits for accrual businesses, prepaid interest, and year-end planning.
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Private foundation excise taxes: the 1.39 percent tax on net investment income, self-dealing under Section 4941 and its absolute ban on insider transactions, the 5 percent minimum distribution requirement, excess business holdings, jeopardizing investments, taxable expenditures and expenditure responsibility, Form 990-PF, and the donor-advised fund alternative.
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Purchase price allocation under Section 1060: the residual method, the seven asset classes, Form 8594, how buyers and sellers are taxed on each class, and allocation agreements.
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QSEHRA versus ICHRA: eligibility, annual limits, employee classes, notices, the effect on premium tax credits, owner participation, and how to choose.
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Qualified small business stock under Section 1202: C corporation and original issuance requirements, the active business test, the 2025 changes to the asset threshold and exclusion cap, tiered holding periods, and excluded industries.
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The research and development tax credit for small businesses: the four-part test, qualified research expenses, the payroll tax offset, Form 6765, and Section 174A expensing.
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Real estate professional status under Section 469(c)(7): the 750-hour and more-than-half tests, material participation in rentals, the aggregation election, spouses, time logs, the $25,000 allowance alternative, and the net investment income tax.
Read more →October 4, 2026
Related-party transactions under Section 267 and related rules: who is related, the loss disallowance on sales, the matching rule that defers accrued expenses to a related cash-method payee, Section 1239 ordinary income on depreciable property, Section 707(b) for partnerships, installment sales to related parties, and documenting arm's-length terms.
Read more →October 4, 2026
Relocating a business to another state: domestication versus forming a new entity, keeping the EIN and tax history, final returns and withdrawals in the old state, registrations in the new state, payroll transitions, the trailing nexus that follows a move, apportionment in the year of the move, deductibility of moving costs, and relocating to Florida.
Read more →October 4, 2026
Remote employees in other states: state withholding and the employee's resident state, unemployment insurance localization rules, reciprocity agreements, convenience-of-the-employer states, income and sales tax nexus, workers' compensation, and the Florida employer with out-of-state staff.
Read more →October 4, 2026
Rental property taxation: Schedule E income and expenses, 27.5-year depreciation, repairs versus improvements and the safe harbors, passive loss limits and the $25,000 allowance, the qualified business income safe harbor, and depreciation recapture at sale.
Read more →October 4, 2026
Retirement plan startup credits under SECURE 2.0: the startup cost credit up to $5,000 a year for three years, the employer contribution credit up to $1,000 per employee over five years, the automatic enrollment credit, eligibility, Form 8881, and the no-double-benefit rule.
Read more →October 4, 2026
Rollovers as business startups explained: the C corporation and new 401(k) plan structure, how the plan buys company stock, no distribution or penalty, ongoing requirements (employee coverage, Form 5500, valuation, reasonable salary), prohibited transaction risk, IRS scrutiny, and alternatives like plan loans.
Read more →October 4, 2026
Roth conversions for business owners: taxed as ordinary income, bracket filling in a low-income year, startup losses and net operating losses, the effect on the qualified business income deduction, Medicare premiums and marketplace credits, the five-year rules, paying tax from outside funds, and state timing.
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The S corporation late-filing penalty: how it is calculated per shareholder per month, late K-1 penalties, extensions, first-time abatement, and reasonable cause.
Read more →October 4, 2026
How S corporation owners set a reasonable salary: the IRS factors, the three valuation approaches, what happens if you pay too little, and how to document it.
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