Strategies to optimize your finances

An excess benefit transaction triggers IRS excise taxes on a disqualified person. Here is how nonprofits avoid excess benefit transactions.

The de minimis safe harbor election lets you deduct tangible property up to 2,500(5,000 with an AFS) per invoice instead of capitalizing it.

Partnership capital account vs tax basis capital vs outside basis, and the Form 1065 and Schedule K-1 reporting requirement, explained.

The 2026 1099 reporting threshold changed: 1099-NEC and 1099-MISC now start at $2,000, and 1099-K is back to $20,000. Here is what you must file.

A plain guide to how a 2026 sales tax holiday works, which items are exempt, and the rules on price caps, refunds, and rain checks.

Streamlined Sales Tax (SST) helps sellers simplify sales and use tax across multiple states with one registration. Here is how it works in 2026.