Miss your C-Corp tax deadline and you’re looking at automatic penalties—5% of your unpaid tax per month, up to 25%. Add interest on top of that. Then there’s
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C-Corp Double Taxation: What It Is and How to Minimize It
Double taxation costs C-Corporation shareholders roughly 15-20 cents of every dollar that’s already been taxed once. If your C-Corp earns $100,000 in profit and you want that money
C-Corp vs S-Corp Taxes: Which Structure Saves You More Money?
The difference between C-Corporation and S-Corporation taxation can mean tens of thousands of dollars in annual tax savings—or cost you the same amount if you choose wrong. This
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 IP PIN: How to Get, Retrieve, and Use Your Identity Protection PIN in 2026
The IRS IP PIN (Identity Protection Personal Identification Number) is a six-digit code that stops criminals from filing fraudulent tax returns using your Social Security Number or ITIN.
FBAR Exchange Rates 2026: Currency Conversion Guide
When filing FBAR, you must convert foreign currency balances to U.S. dollars. Using the wrong exchange rate is a common mistake that can cause reporting errors. Here’s exactly
Form 8858 vs Form 8865: FDE vs Foreign Partnership
Key Takeaways Form 8858 vs Form 8865: Form 8858 reports foreign disregarded entities (single tax owner) Form 8865 reports foreign partnerships (multiple owners) Entity classification rules determine which
Who Must File Form 8858? Tax Owner Requirements
Key Takeaways Form 8858 Filing Requirements: U.S. persons who are “tax owners” of foreign disregarded entities must file Form 5471/8865 filers must attach Form 8858 for FDEs owned
Form 8858 for Foreign Rental Property: When Required
Key Takeaways Foreign Rental Property and Form 8858: Direct ownership of foreign rental property generally does NOT require Form 8858 Form 8858 is required when property is held
Form 8858 Schedule M: Intercompany Transaction Reporting
Key Takeaways Form 8858 Schedule M Essentials: Schedule M reports transactions between the FDE and its tax owner (and related parties) Covers sales, services, rents, royalties, interest, and