Plain-English guidance from our team of tax advisors and consultants on the moves that matter most for business owners and families.
California source income is what a nonresident still owes tax on. The category rules under R&TC 17951 and 17952, and what is…
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Georgia excludes up to $35,000 (ages 62-64) or $65,000 (65+) of retirement income per person. What qualifies, the $5,000 wage cap, and…
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FIRPTA withholding is 15% of the amount realized when a foreign person sells U.S. real property. Learn the rates, the exceptions, and…
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An IRS notice of deficiency is the 90 day letter. What CP3219A, CP3219N and Letter 3219B mean, the petition deadline, and what…
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A Texas resale certificate is Form 01-339, given to your supplier and never filed with the state. What it covers, and who…
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Business owner divorce taxes explained: the IRC 1041 transfer is tax free, but the redemption structure, suspended losses, and S election create…
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Net unrealized appreciation in 2026: the lump-sum test, the penalty on basis, the breakeven against a rollover, and no step-up at death.
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How the short term rental tax loophole works in 2026: the seven-day average stay test, material participation, the Section 280A trap, and…
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California mental health tax, renamed the Behavioral Health Services Tax: the 1 percent surcharge above $1,000,000 and how it applies after you…
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What happens if you get audited by the IRS: the letters, the IDR, Form 4549, the 30-day letter and the 90-day letter,…
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