#tax-compliance
Stay compliant with tax regulations and filing requirements
New York's $375 Brand Owner's License lets indie alcohol brands hire in-state co-packers without surrendering brand ownership — plus the books to run it.
An IRS business expense must be ordinary (common in your industry) and necessary (helpful to it) under Section 162 — plus the records to prove it.
The IRS is matching PPP and EIDL applications against filed tax returns. Reconcile 941s, amendments and revenue now — the fraud window runs ten years.
Saint Lucia waives 100% of penalties and interest on tax arrears through 2025 if you pay the principal by December 2027. File first, then settle.
Seattle, Washington's 2026 B&O tax starts at $2 million, but $0 returns are still due; out-of-city sellers at or below $4,000 need no license.
The federal W-4 doesn't cover state tax in most states — collect each hire's state certificate (CA DE 4, NY IT-2104) or withholding defaults to max.
The IRS adds a 20% accumulated earnings tax on C corp cash above $250,000 without documented business needs — plus a 20% PHC tax on passive income.
There is no US accountant-client privilege: Section 7525 shields only civil IRS tax advice, while a Kovel arrangement via counsel also holds in criminal cases.
An IRS CP05A notice holds your refund until you send W-2s, 1099s and pay stubs — reply within 30 days, allow 45–60 days more, and escalate with Form 911.
New Hampshire HB 155 lifts the BET filing threshold to $400,000 from 2027, exempting ~4,000 small firms, and adds an automatic rate cut down to 0.25%.
An S-Corp loses its election if any share gets different distribution rights. Five IRS traps, plus the straight-debt safe harbor for shareholder loans.
Bahrain's 15% DMTT now binds MNE groups over EUR 750M: US-parented groups with a Bahrain entity must register or risk BHD 100,000 fines and evasion charges.
