June 2026
Eight Answers on Augusta Rule Home Rentals to Your Corporation or Partnership
Think the Augusta Rule sounds too good to be true? This article answers eight of the most common real-world questions business owners ask about renting their home to their corporation or partnership to create tax-free income. Learn how to stay compliant, document the arrangement properly, and maximize the tax benefits.
You May Be Owed an IRS Refund—Action Needed Now
A little-known court ruling could mean money back from the IRS for taxpayers hit with penalties or interest during the pandemic. The Court of Federal Claims says a COVID-era law may have extended key tax filing and payment deadlines through July 11, 2023—and the clock is now ticking to protect potential refund rights. Taxpayers have until July 10, 2026, to file protective refund claims while the case heads to appeal.
Claim Your R&E Tax Windfall, Perhaps Before the July 6 Deadline
If your business spent money on research and experimentation (R&E) between 2022 and 2024, you may be sitting on a refund check the size of a year’s profit. The Tax Cuts and Jobs Act trapped R&E behind a five-year amortization schedule. The One Big Beautiful Bill Act opened the escape hatch. The IRS released the road map. You may have to act fast. One upcoming deadline is July 6, 2026.
Pay Your PCORI Fee If You Have a 105-HRA, a QSEHRA, or an ICHRA
Business owners who have established Section 105 Health Reimbursement Arrangements (105-HRAs), Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs), and Individual Coverage Health Reimbursement Accounts (ICHRAs) to reimburse their employees for medical expenses need to pay an annual fee to help support the Patient-Centered Outcomes Research Institute (PCORI).
How to Define, Deduct, and Benefit from Unreimbursed Partner Expenses
Are you paying out of pocket for partnership expenses? Learn which costs are deductible, how to report them on Schedule E, and how to avoid costly IRS mistakes. Make sure your home office and client-related expenses work for you, not against you.
Pathway to Deducting Non-Cash Gifts over $5,000
Donating property (appreciated or not) to charity can generate valuable tax deductions—but the IRS imposes strict rules when a single item or multiple similar items exceed $5,000 in value. Learn when a qualified appraisal is required, what documentation you need, and how to avoid costly mistakes that could cause the IRS to deny your deduction altogether.
How to Handle the Costs of Exploring and Launching a Business
Thinking about starting or buying a business? Before you spend money, learn which start-up costs are deductible, which must be capitalized, and when your business officially begins for tax purposes. This article explains the key IRS rules that can save new business owners money and prevent costly mistakes.
IRS Freezes Refunds Over Missing Bank Information
The IRS is no longer automatically mailing paper refund checks to taxpayers with missing or rejected bank information. Instead, it is freezing refunds and sending CP53E notices that can delay payments for weeks. Learn how the new policy works, who is affected, and what taxpayers must do to avoid lengthy refund delays.
May 2026
Claim Motor Home Deductions Right—or Lose Like Jackson
If you use a motor home for business, this article shows you how to secure large, legitimate tax deductions—and avoid the costly mistake made in the Jackson case. It explains how to properly classify, document, and position the motor home under the tax code so the IRS can’t deny your write-offs. With the right setup, you could unlock substantial first-year deductions—and keep them.
Make Church and Charity Gifts Business Write-offs
Most business owners give to their church or favorite charity the “old way,” missing out on a far better deduction hiding in plain sight. In 2026, you can often turn those church and charity dollars into fully deductible business expenses that cut both income and self-employment or payroll tax. Learn the specific structures and examples that make the IRS agree.
How the Augusta Rule Turns Home Rental into Tax-Free Income
Do you operate your business as an S or C corporation? If so, have you considered renting your home to your corporation for corporate meetings and perhaps the annual holiday party for employees? You should. Why? If you do the rental right, you create tax-free income.
Helicopter View of 2026 Meals and Entertainment after OBBBA
The One Big Beautiful Bill Act is now in the rearview mirror, and we are well into 2026. That means it’s time for a new helicopter view of business meals and entertainment, which you get in this article.
Lawmakers Punish Employers: Break-Room Coffee Not Deductible
Lawmakers quietly turned your break-room coffee into a non-deductible expense—and the change hits hard starting in 2026. This article explains the obscure TCJA provision that kills the deduction, why it’s blatantly unfair to employers, and how it could hurt productivity by driving employees to the nearest coffee shop instead of keeping them in the office.
One-Time Pay: 1099, Kiddie Tax, IRA—Get It Right, Now
Learn how to report one-time payments to family members or others on the correct Form 1099—and in the right box—while avoiding kiddie tax errors and unlocking IRA benefits. Follow the complete strategy to keep every dollar of tax savings without costly mistakes.
2026 Depreciation Desktop Reference—Download It Now
Depreciation decisions can have a major impact on your tax results. This at-a-glance 2026 desktop reference puts the key rules, methods, and limits at your fingertips.
How to Convert Your S Corporation into a Tax-Favored QSBC
Thinking about turning your S corporation into a powerful tax-saving vehicle? This article breaks down how QSBCs can unlock major capital gains exclusions—and the smart strategies you can use to qualify. Don’t miss the planning opportunities that could significantly reduce your future tax bill.
April 2026
A Little-Known Way to Pay Family and Save on Taxes
Most business owners miss this: a way to pay family members that can bypass payroll taxes entirely. Learn how a properly structured one-time project can shift income and unlock meaningful tax savings.
Do You Need a W-2 for Spouse-Employee 105-HRA Benefits?
Using a W-2 makes a spouse-employee arrangement more audit-proof because it creates a first impression of employee status. However, that added formality comes with significant payroll hassle. So, when installing a spouse-employee 105-HRA (family medical reimbursement plan), is the W-2 worth it?
Lawyer Burned by Fake AI Tax Cases—Don’t Be Next
AI tools can sound confident—but in tax law, they can be wrong. One attorney learned this the hard way after citing completely fake cases in Tax Court. Before you trust AI with tax research, see what went wrong and how to protect yourself.
Your 2026 IRS Penalty Cheat Sheet—Download the Desktop Reference
IRS penalties in 2026 can add up quickly—and many are easier to trigger than you think. Download the cheat sheet and keep the key rules, thresholds, and relief options at your fingertips.
HSAs After Death: What You Need to Know
Health savings accounts (HSAs) offer powerful tax advantages during your lifetime—but the rules change dramatically after you die. Your spouse may inherit the account tax-free, but other beneficiaries could face a large tax bill. Learn how HSAs are treated after death and the strategies that can help reduce the tax hit for your heirs.
Tax Credit Due Diligence Checklist for Your Desktop
Tax pros and taxpayers alike face increasing scrutiny on tax credit claims—and small mistakes can lead to big consequences. This article shows why a reliable due diligence checklist is essential for accuracy and compliance. Read more and download the checklist to keep fast, confident decisions at your fingertips.
Don’t Make This Costly Portability Election Mistake
Portability is the simplest way for married couples to preserve their full estate tax exemption. But the election isn’t automatic, and mistakes on Form 706 can cost millions. Learn the deadlines, simplified reporting rules, and traps to avoid.
Section 179 or Bonus Depreciation: What’s Best After OBBBA?
The One Big Beautiful Bill Act dramatically expanded first-year depreciation deductions—but choosing between bonus depreciation and Section 179 isn’t always straightforward. Learn the key differences, the hidden limitations, and which option may deliver the biggest tax savings for your business.
When Self-Created Intangibles Are Taxed as Ordinary Income
Selling a self-created intangible asset could bring an unexpected tax surprise. Under current tax law, some gains are taxed as ordinary income instead of lower-taxed capital gains. Learn which assets are affected, key exceptions, and why understanding the rules now could save you from costly mistakes.
Download the Updated 2026 Tax Resource Guide
Stay ahead with the updated 2026 Tax Resource Guide—your all-in-one desktop reference for essential tax rates, limits, and deductions. Get instant access to the latest IRS updates, including Social Security ceilings, mileage rates, and retirement plan limits—without the hassle of searching.
March 2026
Brutal IRS Trap Wipes Out Goodwill Clothing Deductions
A taxpayer donated $6,760 to charity, followed what he thought were the rules—and lost the entire deduction. The IRS didn’t question his generosity; it denied the write-off over a technical documentation trap hidden in plain sight. Before your next trip to Goodwill or the Salvation Army, make sure the same mistake isn’t lurking in your tax file.
SE Rules for Converting a Business Vehicle to Personal Use
Converting a self-employed business vehicle to personal use seems simple—but that move can trigger recapture taxes, lost deductions, or permanently missed losses. The rules for mileage-rate vehicles are different from the rules for actual expense vehicles. If you are self-employed, you need to know the rules
How a $7,970 Tax Case Cost the IRS an Extra $34,081
A $7,970 tax dispute doesn’t usually make headlines—let alone trigger a $34,081 attorney fee award against the IRS. But one smart move changed the dynamics of the case entirely. Here’s how a properly executed qualified offer turned a small tax fight into a costly lesson for the IRS.
Download Your Go-To Desktop Reference for IRS Attribution Rules
Attribution rules under tax code Sections 267, 318, and 1563 can create instant uncertainty when you’re structuring a transaction or reviewing ownership. Download this PDF and keep it on your desktop for fast, no-nonsense answers whenever questions arise.
How One-Owner Businesses Win with the New 50% Childcare Credit
Think the new 50 percent employer childcare credit won’t work for sole proprietors or solo S corporations? Think again. See the real numbers that show how you can still pocket thousands—even when the benefit is taxable.
Download Your 2026 Phaseouts Desktop Reference PDF Now
The 2026 income thresholds and phaseouts are now in effect—and small changes can mean big planning mistakes. Our desktop reference PDF puts the most important limits and phaseout ranges in one clear, fast-access guide. Download it now, and keep the numbers you need at your fingertips all year long.
Late Filing Costs Estate $1.5M—Will Yours Be Next?
Think the federal estate tax no longer applies to you because of today’s $15 million exemption? Think again. If you’re married and your executor fails to timely file Form 706, your family could permanently lose millions in portable exemptions and face an unexpected estate tax bill.
$12,000 Door Replacement: Repair or 39-Year Asset?
You replace a failed sliding glass door and spend $12,000 doing it. Is it a current repair deduction or a 39-year capital asset? The answer turns on the IRS repair regulations, partial dispositions, and some critical distinctions.
Beware: OBBBA Can Turn Your ACA Subsidy into Taxable Income
Starting in 2026, the safety net that protected Affordable Care Act marketplace enrollees from massive subsidy clawbacks disappears. Under the One Big Beautiful Bill Act, a modest income miscalculation—or a surprisingly good business year—can force you to repay every dollar of advance premium tax credit.