DC May Let Renters Host on Airbnb: What the 2026 Short-Term Rental Act Means for Tenants
DC's 2026 Short-Term Rental Act would let renters host on Airbnb, but it isn't law yet. Budget a $99 license, $250K insurance, Schedule C and DC's D-30 tax.
#tax-compliance
Tax Compliance
Stay compliant with tax regulations and filing requirements
Got a 1099-SA for Your HSA? What the Distribution Codes Mean, How Form 8889 Reports Withdrawals, and When the 20% Penalty Hits
Your 1099-SA Box 1 total isn't a tax bill: Form 8889 nets it against qualified medical expenses, and nonmedical withdrawals under age 65 draw the extra 20%.
Hawaii's General Excise Tax Is Not a Sales Tax: What the GET, County Surcharges, and the 4.712% Pass-Through Cap Mean for Small Businesses
Hawaii has no sales tax — the GET taxes your gross receipts at 4.5% including county surcharges, and 4.712% is the most you may legally show a customer.
The IRS Is Holding Its 7% Rate for Q4 2026: What That Costs You When You Owe
The IRS holds interest at 7%, compounded daily, for Q4 2026 — a $10,000 balance costs about $178 a quarter, matching the estimated-tax penalty rate.
Behind on Payroll Taxes? How Pyramiding Turns One Missed 941 Deposit Into a Multi-Quarter Trust-Fund Debt
One missed Form 941 deposit draws a 2–15% IRS failure-to-deposit penalty, and unpaid trust fund taxes can become 100% personally yours under the TFRP.
PTA and PTO Treasurer Bookkeeping: The Fund-Accounting Playbook Every Volunteer Parent Group Needs
Miss three straight Form 990 filings and the IRS revokes your PTA or PTO exemption automatically — here is the treasurer playbook that prevents it.
Public Charity or Private Foundation? How the 509(a) Tests Decide Your Nonprofit's Tax Fate
Miss the 509(a) support tests and the IRS reclassifies you as a private foundation: 1.39% investment income tax, 10% self-dealing tax, Form 990-PF yearly.
Reverse Sales Tax Audits: How to Get Back the Sales and Use Tax You Overpaid
A reverse sales tax audit recovers US sales and use tax you overpaid to vendors or self-assessed — most states allow refund claims three to four years back.
Your Employee Died and You Still Owe Them a Paycheck: How Year-of-Death Wages Hit Form W-2 and 1099-MISC
Wages paid after an employee dies skip federal income tax withholding — same-year payments hit W-2 Boxes 3 and 5 plus Form 1099-MISC Box 3.
Zambia's 2026 Budget Rewrites Turnover Tax: The K5 Million Small-Business Regime Explained
Zambia's 2026 Budget lifts the turnover-tax exempt floor to K30,000 a year, brings small miners under the K5 million ceiling and cuts the late penalty to 0.5%.
Cause Marketing With a Charity? The Commercial Co-Venture Rules You Must Clear Before Launch Day
A "$1 per sale" charity promise makes you a commercial co-venturer in 20+ US states. Register in 7, name the number in every ad, and avoid the IRS UBIT trap.
City Tax Withholding for Multistate Employers: Ohio RITA, Pennsylvania EIT, NYC and Yonkers
Local payroll tax is the employer's liability, not the software's. Ohio's 20-day rule, Pennsylvania PSD codes, NYC resident-only tax and Yonkers' 0.5% levy.