Run IRS TIN Matching Before 1099 Season: Catch Name/TIN Mismatches While They're Still Free to Fix
IRS TIN Matching is free and catches name/TIN mismatches before you file 1099s — each bad return can cost up to $340 plus 24% backup withholding.
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Tax Compliance
Stay compliant with tax regulations and filing requirements
Kansas Changed Sales Tax Rates Again: A Quarterly Compliance Checklist
Kansas revises local sales tax rates every quarter and holds retailers liable for tax they should have collected — use this 10-step checklist each quarter.
Kentucky Scrapped the 200-Transaction Nexus Test and Taxed Data Brokering
Kentucky HB 757 repealed the 200-transaction nexus test and made data brokering taxable at 6% on August 1, 2026 — re-test nexus before cancelling a permit.
The October 15 Countdown: An Extended Filer's 2026 Guide to Penalties, Safe Harbors, and Last-Chance SEP-IRA Funding
File by October 15 and the IRS failure-to-file penalty — 5% a month, ten times the failure-to-pay rate — stops; it is also the last day to fund a 2025 SEP-IRA.
Pallet Flipping Bookkeeping: Reading Manifests, Costing Mixed Lots, and Keeping Marketplace Fees From Eating Your Margin
Manifest math for pallet flippers: allocate landed cost per item, stack eBay and Amazon fees before you bid, and reconcile gross IRS 1099-K totals to deposits.
Loan or Capital Contribution? How to Document Shareholder Advances So the IRS Respects the Debt
Shareholder advances survive IRS scrutiny on behavior, not labels: a written note at or above the AFR, unsubordinated terms, and payments you actually make.
The Short Tax Year: How to File a Stub Return Without Overpaying
Annualization applies only when you changed accounting periods — IRS Section 443 lets startups and shutdowns figure stub-year tax normally, no scaling up.
Which Scholarships Are Taxable? Tuition, Room and Board, Stipends, and Required Service
Under IRS Topic 421 a scholarship is tax-free only for tuition and required course costs; room, board, travel, and required-service stipends are taxable.
The Cost of Goods Manufactured Schedule: How Small Manufacturers Turn Raw Materials, Direct Labor, and Overhead Into a Real COGS Number
A COGM schedule turns raw materials, direct labor, and overhead into a real COGS — plus the WIP counts and Section 263A UNICAP limits that decide margin.
Form W-4P in 2026: Stop Letting the Wrong Default Shrink Your Pension Check
Form W-4P defaults new pension payments to single status with no adjustments, not 10%. Check the Step 1 box to elect zero IRS withholding.
Inventory Shrinkage and the Retail Safe Harbor: Deduct Theft and Breakage Without a Year-End Count
Section 471(b) lets US retailers deduct estimated shrinkage without a year-end count — a three-year shrink-to-sales ratio times stub-period sales, on Form 3115.
Investment Club Taxes: Form 1065, K-1s, and Unit-Value Accounting Explained
A US investment club is a partnership from the first deposit — Form 1065 is due March 15 every year, and filing late costs $255 per partner per month.