Reasonable compensation for S-corp officers is a judgment call reviewed every year, and any correction has to run through an actual payroll transaction — not a year-end adjustment made after the fact.

Selling business property before year-end can trigger depreciation recapture — and with 100% bonus depreciation now permanent, more of that gain is often waiting to be recaptured than business owners expect.

In the spirit of the season, a look at the IRS notices that tend to generate the most alarm when they show up in the mail — and what they actually mean, which is usually less dramatic than the envelope suggests.

The OBBBA permanently restored 100% bonus depreciation and raised Section 179 limits for 2026. Here's what actually changed, how the two provisions interact, and what needs to happen before December 31 to use them.

Form 433 financial statements are not simply bookkeeping schedules. The numbers can drive how the IRS evaluates a taxpayer's collection situation.

Every Form 1040 filer has to check a box answering yes or no to the digital asset question — whether or not they've ever touched crypto. Here's what actually triggers a yes, and what doesn't.

The multi-member LLC vs. S-corp question isn't a one-time decision. With a new tax year approaching and profits shifting, this is a good time to revisit whether the current structure still fits.

S-corp elections don't run on the calendar most people assume. For a new entity, the real deadline is tied to formation date — not January 1 — and missing it doesn't have to mean waiting a full year.

Choosing between a SEP-IRA, solo 401(k), and SIMPLE IRA affects how much can actually be contributed for the year — and some of these plans need to exist before December 31 to be usable at all.

The QBI deduction was made permanent, with wider phase-in ranges and a new minimum deduction starting in 2026. Here's how the current-year numbers work, and what year-end moves can actually affect them.

An IRS examination can begin narrowly and become much broader. Here is what tax professionals should consider when additional issues, years, or related items enter the case.

Year-end tax planning has a real deadline — December 31 — but most of the moves that matter need lead time most business owners don't give themselves. Here's why October is the right time to start.

October 16 always feels different than October 14. Here's what our team actually does the week after the biggest deadline of the fall closes out.

Filing the return is one milestone. What happens in the following month — confirming acceptance, organizing records, tracking payments — sets up how easy or hard the rest of the year will be if anything comes up later.

October 15 is generally the final backstop for calendar-year extension filers — there's usually no further extension available. Here's what actually happens if that date passes without a filed return.

For anyone finishing an extended return today, here's how the final hours actually work — e-file cutoffs, what happens if a submission gets rejected, and same-day payment options.

When an IRS dispute moves toward Appeals, the case becomes less about sending another document and more about defining the disputed issues, the record, and the taxpayer's position.

Most audit stress doesn't come from the tax law itself — it comes from trying to reconstruct, years later, what actually happened. A few consistent documentation habits are what separate a routine inquiry from a genuinely stressful one.

A CP2000 starts with automated matching, not a final IRS decision. Here's what triggers the notice, why timing varies, and what to check before responding.

Whether an error gets fixed with a superseding return or an amended return depends entirely on one thing: has the extended due date already passed? Here's how the two mechanisms actually differ.