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Single-Entry vs Double-Entry Bookkeeping: A Simple Guide

July 24, 2026

CPA vs EA vs Tax Attorney: Which Tax Professional Do You Actually Need?

July 24, 2026

Data Breach Response for Tax Professionals: How Preparers Report Data Theft to the IRS

July 24, 2026

July 22, 2026

Net Investment Income Tax: The 3.8% NIIT, Explained

What the net investment income tax is, who owes the 3.8% NIIT, the modified adjusted gross income threshold, and how to file Form 8960.

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July 22, 2026

How Crypto Tax Works in 2026 and What Taxpayers Must Report

Crypto tax in 2026 means knowing how the IRS taxes cryptocurrency and how to report digital asset transactions on your tax return.

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July 22, 2026

QSBS and the Qualified Small Business Stock Exclusion

How the QSBS exclusion lets owners of qualified small business stock skip tax on capital gains, who is eligible, and the new rules.

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July 22, 2026

GILTI Is How the US Taxes Profits Parked in a Foreign Corporation

GILTI taxes US shareholders on a controlled foreign corporation's profits. How it works, the rates, and what the 2026 rules change.

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July 22, 2026

The Foreign Tax Credit and How to Offset Foreign Taxes Paid in 2025

The foreign tax credit lets you offset US tax with foreign taxes paid. Here is how to claim a foreign tax credit on Form 1116 and avoid double tax.

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July 22, 2026

Form 1023-EZ for Nonprofits Seeking Tax-Exempt Status

What Form 1023-EZ is, the eligibility rules, and how nonprofits use the IRS streamlined application for tax-exempt status instead of Form 1023.

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