Tax planning notes, IRS updates & founder takes

Plain-English guidance from our team of tax advisors and consultants on the moves that matter most for business owners and families.

Guide to the FTB levy in 2026, covering California bank levies, wage garnishments, and continuous orders to withhold, the statutes behind each, and which collection tools still reach a taxpayer who has moved to Florida
October 13, 2026 · Tax Planning

FTB Levy: How California Collects After You Move (2026)

An FTB levy takes bank funds after a 10 business day hold and up to 25 percent of wages. What still reaches…

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Guide to the irrevocable life insurance trust in 2026, explaining how an ILIT keeps life insurance proceeds outside the taxable estate under IRC section 2042 and the annual work it requires, including Crummey withdrawal notices, Form 709 gift tax returns, GST exemption allocation, and the three-year rule for transferred policies
October 13, 2026 · Estate Planning

Irrevocable Life Insurance Trust: 2026 Tax Rules

An irrevocable life insurance trust keeps a policy out of the taxable estate. 2026 rules on Crummey notices, Form 709, GST allocation,…

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Guide to Georgia unemployment tax for employers in 2026: who is liable, the $9,500 taxable wage base, the 2.70 percent new employer rate, how the Georgia Department of Labor sets experienced rates, and the federal FUTA credit
October 12, 2026 · Tax Planning

Georgia Unemployment Tax: 2026 Employer Rules

Georgia unemployment tax for 2026: the $9,500 wage base, the 2.70 percent new employer rate, how your rate is set, due dates,…

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Guide to the Canada US tax treaty for Canadians who winter in Florida in 2026, covering residency and the Article IV tie-breaker, Form 8840 and Form 8833, Florida rental income and sales, Social Security and pensions, and the U.S. estate tax credit on Florida property
October 12, 2026 · International Tax

Canada US Tax Treaty for Florida Snowbirds 2026

The Canada US tax treaty for Florida snowbirds in 2026: the residency tie-breaker, Form 8840 or 8833, Social Security, Florida rent, and…

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Guide to the IRS CP11 notice in 2026, explaining that the IRS corrected a math or clerical error under IRC section 6213(b)(1), that a request for abatement within 60 days under section 6213(b)(2)(A) requires the IRS to reverse the assessment and use deficiency procedures, and how interest and penalties apply to the balance
October 12, 2026 · IRS Resolution

IRS CP11 Notice: The 60-Day Math Error Rule 2026

A CP11 notice means the IRS fixed a math error and says you owe more. Learn the 60 day abatement right, interest…

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Guide to the accountable plan for S corporation owners in 2026, explaining how an owner-employee can be reimbursed tax free for a home office, mileage, and a phone under IRC section 62(c) and Regulation 1.62-2, and what turns a reimbursement into taxable wages
October 11, 2026 · Tax Planning

Accountable Plan for S Corp Owners: 2026 Rules

An accountable plan lets an S corporation owner be reimbursed tax free for a home office, mileage, and phone. 2026 rules, worked…

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Washington capital gains tax after a move to Florida: Washington taxes gain on stock, crypto and business interests by your domicile on the day of the sale, at 7 percent above the standard deduction and 9.9 percent above 1 million dollars
October 11, 2026 · Tax Planning

Washington Capital Gains Tax After a Florida Move 2026

Washington capital gains tax after a move to Florida: when a sale is still taxed at 7 or 9.9 percent, the domicile…

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Guide to the California 1031 exchange clawback in 2026, covering why deferred California gain follows an investor to Florida, the annual Form FTB 3840 filing, and how California taxes the gain when the replacement property is sold
October 11, 2026 · Tax Planning

California 1031 Exchange Clawback: Form 3840 in 2026

A California 1031 exchange into out of state property keeps the California gain. Form 3840 runs every year, even after a move…

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Navy title card reading Texas Sales Tax Exemption Certificate, noting that Form 01-339 shifts the tax to the buyer only when the seller accepts a complete certificate in good faith at or before the sale
October 9, 2026 · Tax Planning

Texas Sales Tax Exemption Certificate Guide 2026

Texas sales tax exemption certificate guide: Form 01-339, who can issue one, the good faith rule, Ag/Timber Numbers and the 90 day…

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Guide to section 1446 partnership withholding on foreign partners for 2026, covering the withholding rates, the March due date, Form 8813 installments, Form 8805 partner statements, Form 8804-C certificates, and the Schedule A underpayment penalty
October 9, 2026 · International Tax

Form 8804: Partnership Withholding Rules for 2026

Form 8804 rules for 2026: who files, the 37 and 21 percent section 1446 rates, the March due date, Form 8813 installments,…

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