Mike Thrift
Marketing Manager
Tax Resolution Demystified: How to Settle IRS Debt Without Falling for Scams
A 2026 guide to the five legitimate IRS resolution programs—installment agreements, Offer in Compromise, Currently Not Collectible status, penalty abatement, and innocent spouse relief—plus the warning signs of OIC mill scams and the step-by-step process from a CP14 notice to a working agreement.
How to Prepare for Tax Season: A Year-Round Checklist for Small Business Owners
A practical week-by-week, quarter-by-quarter, and year-end tax preparation checklist for small business owners — covering 2026 IRS deadlines, estimated tax payments, deductions, 1099 filing, and the bookkeeping habits that turn April from a sprint into a routine handoff.
TCJA and OBBBA Explained: A Small Business Owner's Tax Guide for 2026
The OBBBA made the QBI deduction permanent and raised it to 23% in 2026, expanded SALT to $40,000 through 2029, and lifted the estate exemption to $15 million. Here is how small business owners running pass-through entities, S corps, and LLCs should plan around it.
The Augusta Rule: How Business Owners Earn Tax-Free Rental Income (Section 280A Guide)
Section 280A(g) lets business owners rent their personal residence to their company for up to 14 days per year and exclude the income from federal tax. This guide covers eligibility, fair-market rate setting, the documentation auditors expect, and the lessons from Sinopoli v. Commissioner.
Billing Management Guide: A Complete System for Getting Paid Faster
A four-stage billing system—strategy, invoicing, collections, reconciliation—that reduces DSO, cuts the 1–5% EBITDA loss from revenue leakage, and stops late payments before they start.
How Tax Professionals Streamline Client Tax Prep With a Better Bookkeeping Pipeline
A practical guide for CPAs and enrolled agents on building a bookkeeping pipeline that delivers tax-ready financials by mid-February — covering client segmentation, in-house vs outsourced models, standardized handoffs, and how plain-text accounting fits in.
Collections Management Guide: Turn Unpaid Invoices Into Predictable Cash Flow
A working guide to collections management for small businesses, covering the six-stage follow-up workflow, the AR metrics that actually matter (DSO, CEI, ADD), and a 30-day plan to shorten the average collection cycle.
Dunning Email Signals: How to Decode Customer Replies and Get Paid Faster
A four-stage dunning ladder, the signals hidden in customer replies, and operational rules that turn overdue B2B invoices into reliably collected cash.
Employee Retention Credit Update 2026: Pending Refunds, New Compliance Rules, and What to Do Next
As of 2026, most outstanding Employee Retention Credit claims sit in audit, appeal, or litigation rather than ordinary processing queues. The One, Big, Beautiful Bill Act blocked late 2021 Q3/Q4 claims filed after January 31, 2024, and extended the IRS audit window for ERC claims to six years.
Engaged in a Trade or Business: The IRS Test That Decides Your Tax Bill in 2026
The IRS uses a nine-factor test under Section 183 to decide whether your side income is a business or a hobby. After the OBBBA took effect in 2026, hobbyists report income in full but can deduct no expenses against it — making the classification more consequential than ever.
Form 1065 Demystified: The Partnership Tax Return Every Multi-Member LLC Needs to Know
A working guide to IRS Form 1065 for multi-member LLCs and partnerships—what the information return reports, who must file, the March 16, 2026 deadline, the $260-per-partner monthly late penalty, and the bookkeeping habits that prevent K-1 errors.
Form 1120-W and C Corporation Estimated Taxes: The Complete 2026 Guide
Form 1120-W was retired after 2022, but C corporations expecting to owe more than $500 in federal tax must still make quarterly estimated payments. This guide covers the 2026 due dates, the 21% rate calculation, the two safe harbors, the $1 million large-corporation trap, the annualized income installment method, and the EFTPS-only payment requirement.