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1,423 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.

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CROSS-BORDER A Canadian Corporation With a U.S. Shareholder

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Fairlight Accounting · US + Canadian Tax Desks

1,423 guides

Small Business Tax

Home Stager Deductions: The Furniture You Depreciate, the Warehouse, the Movers, the Stand-Alone Consultation Fee That Isn't Taxed and the Furniture Rental and Delivery That Are, and the Listing That Sits for Five Months

October 4, 2026

Tax deductions for home staging businesses: staging furniture and décor as depreciable equipment rather than inventory, the warehouse lease, movers and installers, stand-alone design and consultation fees as services, furniture rental and unavoidable delivery charges as taxable rentals of tangible personal property in Florida, insurance, vehicles, and the rental that runs past the initial term.

Small Business Tax

Home Stager Entity and Estimated Taxes: The LLC the Furniture Lives In, the S Election, the Agent Who Pays, the Spring Listing Season, and the Design Fees That Can Make It a Specified Service

October 4, 2026

Entity structure and estimated taxes for home staging companies: the LLC that owns the furniture and signs the staging agreements, the S election once profit exceeds a design manager's salary, staging as a rental-and-service business and the design-fee share that can bring it under the specified service rules, estimated taxes on a spring and fall listing season, extension income, the agent or brokerage as customer, and the equipment year whose loss the passive activity rules can suspend.

U.S. Tax Explained Series

Inside an IRS Audit: From First Letter to Final Report

October 4, 2026

The IRS audit process step by step: the opening letter, information document requests, the examiner's report, the 30-day letter and appeal, the notice of deficiency, and Tax Court.

U.S. Tax Explained Series

Business Tax Records: How Long to Keep What

October 4, 2026

How long to keep business tax records: the three-, four-, six-, and seven-year periods, asset records, payroll records, digital copies, and state rules.

U.S. Tax Explained Series

The HSA: Deductible In, Tax-Free Out, for Business Owners

October 4, 2026

Health savings accounts for business owners: eligibility, 2026 limits, the deduction by entity type, S corporation reporting, employee contributions, and the 2026 plan changes.

U.S. Tax Explained Series

Innocent Spouse Relief: Getting Off a Joint Tax Debt

October 4, 2026

Innocent spouse relief explained: joint and several liability, the three types of relief under Section 6015, Form 8857, deadlines, the IRS factors, and the difference from injured spouse claims.

U.S. Tax Explained Series

Installment Sale Under Section 453: Deferring the Gain

October 4, 2026

Installment sales under Section 453: the gross profit percentage, Form 6252, recapture in year one, interest, related-party resales, the large-sale interest charge, and electing out.

U.S. Tax Explained Series

Patents, Copyrights, and Royalties: How IP Income Is Taxed

October 4, 2026

Tax treatment of intellectual property: development costs and the research deduction, self-created versus purchased patents and copyrights, 15-year amortization of acquired intangibles, royalties as ordinary or business income, the capital gain rule for patent sales, licensing versus sale, Section 1253 for trademarks, and self-employment tax on royalties.

Small Business Tax

Interior Designer Deductions: The Sample Library, the Software, the Site Visits, the Furniture You Resell at a Markup, and the Sales Tax Florida Expects You to Collect

October 4, 2026

Tax deductions for interior designers: the sample library and showroom, design software and subscriptions, the studio or home office, site visits and installation travel, the difference between design fees and resale of furnishings, trade discounts and markup, client purchase funds held in trust, Florida sales tax on furnishings sold to clients and on design fees bundled with them, and deposits.

Small Business Tax

Interior Designer Entity and Estimated Taxes: The Fee-Only LLC, the Designer Who Resells and Needs Books That Separate Two Businesses, the S Election, and the Project Deposit Quarter

October 4, 2026

Entity structure and estimated taxes for interior designers: the LLC for the fee-only designer, the resale model's inventory and client-fund accounting, whether design is a specified service business, the S election once fees exceed a senior designer's salary, estimated taxes on project deposits and large furnishing orders, and Florida's commercial interior design registration.

U.S. Tax Explained Series

Inventory for Tax: FIFO, LIFO, and the Small Business Rule

October 4, 2026

Inventory accounting for tax: FIFO, LIFO, specific identification, lower of cost or market, the Section 471(c) small business rule, and uniform capitalization.

U.S. Tax Explained Series

Insurance Payouts and Section 1033: Deferring the Gain

October 4, 2026

Involuntary conversions under Section 1033: gain when insurance or condemnation proceeds exceed basis, deferral by replacing with similar property within two years (three for condemned real estate, four in a federally declared disaster for a home), the election, basis of the replacement, business interruption proceeds as ordinary income, inventory, and partial destruction.

Small Business Tax

Irrigation Contractor Deductions: The Trencher and the Pipe Puller, the Heads and Controllers You Pay Tax On, the Backflow Certification, the Water Restrictions, and the Lawn Company You Grew Out Of

October 4, 2026

Tax deductions for irrigation and sprinkler contractors: trenchers, pipe pullers, and locators as equipment, pipe, heads, valves, and controllers as materials under Florida's real property rule, backflow prevention testing and certification, county licensing and the optional state certification, trucks and trailers, crews under the construction workers' compensation rule, service agreements, smart controller and water-saving rebate programs, and the landscaping business irrigation often lives inside.

Small Business Tax

Irrigation Contractor Entity and Estimated Taxes: The LLC, the Landscaper's Division or the Standalone Company, the S Election, the Construction Rule, and the Spring Service Agreement Quarter

October 4, 2026

Entity structure and estimated taxes for irrigation contractors: the LLC for the cut main and the flooded slab, irrigation as a division of a landscaping company or a separate entity, the S election once profit exceeds a construction foreman's salary, Florida's construction workers' compensation rule, estimated taxes on spring service agreements and new-construction installation cycles, builder receivables, and selling the service book.

U.S. Tax Explained Series

What Triggers an IRS Audit of a Small Business

October 4, 2026

What triggers an IRS audit of a small business: computer scoring, document matching, common red flags, correspondence versus field audits, and the statute of limitations.

U.S. Tax Explained Series

Currently Not Collectible: Pausing IRS Collection

October 4, 2026

IRS currently not collectible status: who qualifies, the financial statement, what stops and what continues, liens, periodic reviews, and the ten-year collection deadline.

U.S. Tax Explained Series

IRS Installment Agreement: Payment Plans Explained

October 4, 2026

IRS payment plans explained: short-term versus long-term installment agreements, the online thresholds, business trust fund agreements, penalties during the plan, and default.

U.S. Tax Explained Series

Federal Tax Liens and Levies: What Each Does

October 4, 2026

IRS lien versus levy: how a federal tax lien arises and is filed, lien release, withdrawal, discharge and subordination, levy notices, bank and wage levies, and how to stop them.

U.S. Tax Explained Series

IRS Deadlines to Audit, Assess, and Collect Tax

October 4, 2026

IRS statute of limitations: the three-year assessment period, the six-year rule for large omissions and foreign income, unlimited periods, the ten-year collection statute and tolling, and refund deadlines.

U.S. Tax Explained Series

ISOs and NSOs: How Each Stock Option Is Taxed

October 4, 2026

Incentive stock options versus nonqualified stock options: tax at exercise, the AMT preference for ISOs, qualifying and disqualifying dispositions, the $100,000 ISO limit, employer deductions and W-2 reporting, early exercise with an 83(b) election, and planning the exercise.

Small Business Tax

Junk Removal Deductions: The Box Truck and the Dump Trailer, the Tipping Fees, the Items You Resell, the Donation Receipt That Isn't Yours, and the Franchise Fee

October 4, 2026

Tax deductions for a junk removal and hauling business: trucks and trailers with full first-year depreciation and the heavy highway use tax, landfill and transfer station tipping fees, fuel, crew wages, resale of salvaged items as income, why donating a customer's items produces no deduction for the hauler, franchise fees amortized over 15 years, insurance, marketing, and Florida sales tax on hauling versus cleaning.

Small Business Tax

Junk Removal Entity and Estimated Taxes: The LLC per Truck Debate, the S Election, the Crew on Payroll, the Moving-Season Peak, and the Franchise Agreement That Shapes the Structure

October 4, 2026

Entity structure and estimated taxes for a junk removal company: the operating LLC and whether separate LLCs per truck are worth it, the S election once profit exceeds an operations manager's salary, crew classification and Florida workers' compensation, estimated taxes with a spring-to-summer moving season and a holiday cleanout bump, franchise agreements that require a specific entity, and selling the territory.

Small Business Tax

Laundromat Deductions: The Washers and Dryers, the Water and Gas Bills That Run the Business, the Coins and the Cards, the Attendant, the Wash-and-Fold Line, and the Vending That Is Taxable

October 4, 2026

Tax deductions for laundromat owners: commercial washers and dryers as depreciable equipment, the lease and build-out, water, sewer, and gas as the largest operating costs, coin and card revenue recordkeeping, attendants as employees, wash-and-fold and pickup services, vended soap and snacks as taxable sales, equipment financing, and why a laundromat is a trade or business rather than a passive rental.

Small Business Tax

Laundromat Entity and Estimated Taxes: The LLC per Store, the Building in Its Own Entity, the S Election, the Absentee Owner and the Passive Question, the Equipment Year, and the Store You Buy With Its Lease

October 4, 2026

Entity structure and estimated taxes for laundromat owners: one LLC per store, the real estate in a separate entity, the S election once profit exceeds a store manager's salary, material participation for an absentee owner and the passive loss rules in the equipment year, estimated taxes on income that barely moves month to month, buying a store with its lease and allocating the price, and selling a store.

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