S-Corp Distributions: Complete Tax Rules Guide

-Corp earnings available for tax-free distribution. It’s a corporate-level account that parallels shareholder basis. It matters most for S-Corps that were previously C-Corps.” } }, { “@type”: “Question”,

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IRS Mileage Rates for 2026: The Complete Guide for Business Owners

Key Takeaways 2026 Business Rate: 72.5 cents per mile (up 2.5 cents from 2025) 2026 Medical/Moving Rate: 20.5 cents per mile (down 0.5 cents from 2025) 2026 Charity Rate: 14 cents

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Who Needs to File FBAR: Complete Eligibility Guide

FBAR filing catches many people by surprise. The $10,000 threshold is lower than you might expect, and the definition of “U.S. person” is broader than most realize. Here’s

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FBAR Penalties 2026: Complete Guide to Penalties and Relief Options

If you’ve missed FBAR filings or you’re worried about penalties, here’s what you need to know. FBAR penalties are among the steepest in the tax code, but relief

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How to Pay the IRS Online: Complete Electronic Payment Guide for 2026

TL;DR Executive Order 14247, signed March 2025, requires the IRS to transition all payments and refunds to electronic methods. Paper refund checks are being phased out starting September

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RSU Tax Calculator for California Tech Professionals: Save Tens of Thousands on Your Equity Compensation Taxes

Calculate Your Exact RSU Tax Liability and Discover Hidden Savings Opportunities with Our California-Specific Calculator Quick Answer for Tech Employees RSUs are taxed as ordinary income when they

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529 Plan Tax Benefits: Complete CPA Guide for Texas Families and Business Owners

TL;DR 529 plans offer significant federal tax benefits including tax-deferred growth and tax-free qualified withdrawals, but state tax benefits vary dramatically. Texas has no state income tax, so

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Catch-Up Bookkeeping for Small Businesses: The Complete Guide to Getting Back on Track

TL;DR Catch-up bookkeeping involves organizing and updating months or years of neglected financial records to create accurate, compliant books. Most small businesses can get caught up within 2-4

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How to Find the Best Business Accountant Near You in Texas

TL;DR For busy Texas business owners, finding the right accountant requires looking beyond a simple search for a “business accountant near me.” The key is to verify Certified

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Choosing Your Financial Partner: A Startup’s Guide to Selecting the Right Accountant for Small Business Success

For many entrepreneurs, the term “accounting” conjures images of late nights spent hunched over spreadsheets, a mountain of receipts, and the ever-looming tax season. It’s often viewed as

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