The QBI deduction saves business owners up to 20% on their federal taxes. And as of July 2025, it’s permanent. Most guides still reference the 2025 “sunset” that
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Qualified Small Business Stock (QSBS) Guide: 2026 Rules & OBBBA Changes
QSBS Key Takeaways (2026 Rules) QSBS (Section 1202) allows up to 100% federal capital gains exclusion on C-Corp stock sales OBBBA 2025 Changes (stock issued after July 4, 2025): Maximum exclusion
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
Section 179 Deduction Guide 2025: $2.5 Million Limit Under New Tax Law
TL;DR: The One Big Beautiful Bill Act (signed July 4, 2025) doubled Section 179 limits. You can now expense up to $2.5 million in qualifying equipment and property
Form 8865 Schedule K-2 and K-3: International Tax Reporting Requirements
Last Updated: January 18, 2026 | International tax CPA firm with Big Four experience Key Takeaways Schedule K-2 reports partnership-level international tax items Schedule K-3 reports each partner’s share of K-2
Form 8865 Schedule O: Property Transfer Reporting Requirements
Last Updated: January 18, 2026 | International tax CPA firm with Big Four experience Key Takeaways Schedule O reports property contributions to foreign partnerships under Section 6038B Required for Category
Form 8865 Categories of Filers: Which Category Applies to You?
Last Updated: January 18, 2026 | International tax CPA firm with Big Four experience Key Takeaways Four categories of filers exist for Form 8865, each with different requirements and schedules
Small Business Marketing Ideas That Actually Work in 2026
Last Updated: January 9 2026 TL;DR: The most effective small business marketing combines a strong online foundation (Google Business Profile, website, local listings) with consistent content and strategic
2026 Tax Planning Guide: 20 Strategies to Cut Your Tax Bill This Year
Last Updated: January 9 2026Applies To: 2026 Tax Year (Filed in 2027) Effective tax planning happens throughout the year, not just at filing time. And with the One
Form 5471 Penalties: Understanding Relief Options and the $60,000 Risk
Understanding the penalty structure, relief options, and how to protect yourself from severe IRS consequences for foreign corporation reporting failures Quick Facts: $10,000 Initial penalty per form $60,000 Maximum penalty