Tax planning notes, IRS updates & founder takes

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Maryland estate tax for Florida residents: after a move to Florida, Maryland still taxes Maryland real estate and tangible property such as an Ocean City condominium, apportioned on Form MET-1, and a 10 percent inheritance tax can apply to non-exempt heirs
October 3, 2026 · Tax Planning

Maryland Estate Tax for Florida Residents 2026

Maryland estate tax after a move to Florida: how Form MET-1 apportions tax on a Maryland home, the $5 million test, and…

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Tax preparation Sarasota guide for 2026 covering how Social Security is taxed, the 6,000 dollar senior deduction for 2025 through 2028, Roth conversion timing before required distributions, and the Medicare IRMAA surcharge based on income from two years earlier
October 2, 2026 · Tax Planning

Tax Preparation Sarasota: 2026 Retiree Tax Guide

Tax preparation Sarasota guide for 2026: Social Security, the $6,000 senior deduction, Roth conversion timing, IRMAA, and the 7 percent county sales…

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Guide to Form 8858 for 2026, covering who must file for a foreign disregarded entity or foreign branch, the six filer categories, what each schedule reports, the penalties, and how to correct missed years
October 2, 2026 · International Tax

Form 8858: Foreign Branch and FDE Rules for 2026

Form 8858 explained for 2026: who files for a foreign disregarded entity or foreign branch, the six filer categories, schedules, due dates,…

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Guide to the Georgia quality jobs tax credit rules for 2026, showing a credit of $2,500 to $5,000 per new job per year for five years for jobs paying at least 110 percent of the county average wage, with excess credit applied against Georgia payroll withholding through Form IT-WH
October 2, 2026 · Tax Planning

Georgia Quality Jobs Tax Credit Rules 2026

The Georgia quality jobs tax credit pays $2,500 to $5,000 per new job a year for five years. See the 2026 job…

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The IRS Audit Odds Report cover: audit rate 0.51 percent under 25,000 dollars, 0.16 percent from 100,000 to 200,000 dollars, 1 in 15 returns of 10 million dollars or more examined
October 2, 2026 · Research

IRS Audit Rates by Income: The IRS Audit Odds Report

IRS audit rates by income, tax years 2010 to 2023: 0.51% under $25,000, 0.16% at $100,000 to $200,000, 6.59% at $10 million…

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Guide to the Georgia Tax Court for 2026 explaining that the Georgia Tax Tribunal was replaced by the Georgia Tax Court on July 1, 2026, that an official assessment is appealed within 45 days, that no bond is required, and that the filing fee is $60 or nothing for a small claims case
October 1, 2026 · Tax Planning

Georgia Tax Tribunal Is Now the Georgia Tax Court

The Georgia Tax Tribunal became the Georgia Tax Court on July 1, 2026. How to appeal in 45 days, the $60 fee,…

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Guide to the self-employed health insurance deduction for 2026 explaining that premiums for the taxpayer, spouse, dependents, and children under 27 are deducted above the line up to the earned income of the business, and that the deduction lowers income tax but not self-employment tax
October 1, 2026 · Tax Planning

Self-Employed Health Insurance Deduction for 2026

The self-employed health insurance deduction for 2026: who qualifies, Form 7206 limits, the premium tax credit loop, S corporation W-2 rules, worked…

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Guide to the IRS CP22A notice in 2026, covering what a balance due after an amended return or requested change means, the 21 calendar day payment window under IRC section 6651(a)(3), interest from the original due date under IRC section 6601, penalty relief, and how to dispute a processing error
October 1, 2026 · IRS Resolution

IRS CP22A Notice: Balance Due After a Change 2026

An IRS CP22A notice bills a change already made to your return. The 21 day pay window, why interest runs from the…

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Guide to the Georgia offer in compromise for 2026: Form OIC-1, a $100 application fee unless the low income certification applies, a final assessment required for every period, and five years of later compliance, with offers measured against collection potential
September 30, 2026 · Tax Planning

Georgia Offer in Compromise Rules 2026

Georgia offer in compromise rules for 2026: Form OIC-1, the $100 fee, how the minimum offer is set, what you waive, and…

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Guide to the federal tax rules for dividing stock options in divorce in 2026, explaining that a vested nonqualified option transferred incident to divorce is taxed to the former spouse at exercise, that incentive stock options lose their status when transferred, and that unvested awards fall outside Rev. Rul. 2002-22
September 30, 2026 · Tax Planning

Dividing Stock Options in Divorce: 2026 Tax Rules

Dividing stock options in divorce is usually tax free at transfer, but the former spouse is taxed at exercise. ISO, RSU and…

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