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#tax-compliance

Tax Compliance

Stay compliant with tax regulations and filing requirements

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Texas Margin Tax 2026: The No-Tax Threshold at $2.47M vs. the E-Z Computation at $20M
·mike

Texas Margin Tax 2026: The No-Tax Threshold at $2.47M vs. the E-Z Computation at $20M

Texas margin tax has a $2.47M no-tax threshold and a $20M E-Z computation at 0.331%. Learn which election fits, how margin is calculated, and the bookkeeping that keeps you in the right bucket.

small-business
finance
tax-compliance
Treasury's Form 990 Transparency Overhaul: What the 2026 Government Grants and Fiscal Sponsorship Reporting Rewrite Means for Nonprofits
·mike

Treasury's Form 990 Transparency Overhaul: What the 2026 Government Grants and Fiscal Sponsorship Reporting Rewrite Means for Nonprofits

Treasury rewrote Form 990 reporting for government grants and fiscal sponsorship in 2026. Learn what the new Schedule I and Schedule R lines require, how to disclose donor-restricted government funds, and the bookkeeping that keeps a 990 from triggering an audit.

small-business
finance
financial-management
UK Companies House 2026 Filing Overhaul: Software-Only iXBRL Accounts and Mandatory Director ID Verification Explained
·mike

UK Companies House 2026 Filing Overhaul: Software-Only iXBRL Accounts and Mandatory Director ID Verification Explained

Companies House ECCTA reforms require verified director and PSC identities since November 2025, ACSP-gated filing from late 2026, and software-only iXBRL accounts with no abridged option — learn timelines, corporate-director limits, and the bookkeeping changes small companies must make now.

small-business
business-structure
compliance
Vietnam's 2026 Household Business Tax Reform: How Decree 68's Self-Declared Filing and Revenue-Tiered E-Invoice Mandate Change Bookkeeping for 5 Million Business Households
·mike

Vietnam's 2026 Household Business Tax Reform: How Decree 68's Self-Declared Filing and Revenue-Tiered E-Invoice Mandate Change Bookkeeping for 5 Million Business Households

Vietnam replaced presumptive tax for 5 million business households with self-declared filing and tiered e-invoices in 2026. Learn Decree 68's thresholds, monthly vs. quarterly filing, and the ledger that keeps a household business compliant.

small-business
finance
tax-compliance
Business Entity Comparison in 2026: Sole Prop vs. LLC vs. S-Corp vs. C-Corp — Liability, Tax, and the Conversion Costs You Pay Later
·mike

Business Entity Comparison in 2026: Sole Prop vs. LLC vs. S-Corp vs. C-Corp — Liability, Tax, and the Conversion Costs You Pay Later

Sole prop is the default, LLC is the wrapper, S-corp saves SE tax above ~$80K but needs payroll, C-corp is the venture clock — and converting the wrong way can be a taxable liquidation.

business-structure
entrepreneurship
finance
Bonus Depreciation in 2026: 40% Under Current Law vs. 100% If OBBBA Retroactivity Passes — How to Model the Swing on an $80K Equipment Buy
·mike

Bonus Depreciation in 2026: 40% Under Current Law vs. 100% If OBBBA Retroactivity Passes — How to Model the Swing on an $80K Equipment Buy

2026 bonus is 40% under current law — $32K on an $80K machine, not $80K — unless OBBBA restores 100% retroactively; here's how to model the swing vs. Section 179 and keep the ledger straight.

tax-compliance
small-business
finance
Choosing a Tax Pro in 2026: CPA vs. EA vs. Attorney, Circular 230 Due Diligence, and the Engagement-Letter Red Flags
·mike

Choosing a Tax Pro in 2026: CPA vs. EA vs. Attorney, Circular 230 Due Diligence, and the Engagement-Letter Red Flags

Credential decides representation — CPA, EA, and attorney are unlimited before the IRS, AFSP is limited — verify PTIN and board standing and insist on a scoped engagement letter.

tax-compliance
small-business
finance
Mexico's RESICO Regime: Simplified Taxes, Mandatory Monthly Compliance
·mike

Mexico's RESICO Regime: Simplified Taxes, Mandatory Monthly Compliance

Mexico's RESICO simplified tax regime offers 1–2.5% flat rates and no annual reconciliation, but requires strict monthly digital invoicing and a MXN 3.5 million income cap.

tax
freelance
self-employment
SECURE 2.0 Super Catch-Up in 2026: How Ages 60–63 Can Save $11,250 Extra and the Auto-Enrollment Mandate for New 401(k)s
·mike

SECURE 2.0 Super Catch-Up in 2026: How Ages 60–63 Can Save $11,250 Extra and the Auto-Enrollment Mandate for New 401(k)s

Ages 60–63 get $11,250 of catch-up for four years instead of $7,500 — and every 401(k)/403(b) established after 12/29/2022 must auto-enroll 3–10% and auto-escalate to at least 10% starting 2025.

tax-compliance
small-business
finance
Backup Withholding Threshold Jumped to $2,000 in 2026: What Small Business Owners Need to Know
·mike

Backup Withholding Threshold Jumped to $2,000 in 2026: What Small Business Owners Need to Know

The IRS backup withholding threshold increased from $600 to $2,000 effective 2026. Understand what changed, who's affected, how to prevent it, and Form 945 compliance requirements.

tax-compliance
tax-planning
small-business
COVID-19 Tax Penalty Refunds: Your Last Chance Before July 10, 2026
·mike

COVID-19 Tax Penalty Refunds: Your Last Chance Before July 10, 2026

A small business owner's guide to filing Form 843 for COVID-era penalty refunds under the Kwong ruling, with step-by-step instructions and eligibility criteria before the July 10, 2026 deadline.

tax
tax-compliance
tax-deadlines
Paid Family and Medical Leave in 2026: Multi-State Employer Compliance Guide
·mike

Paid Family and Medical Leave in 2026: Multi-State Employer Compliance Guide

Navigate 2026's paid family and medical leave programs across Delaware, Minnesota, and Maine. Learn employer contribution rates, eligibility requirements, payroll updates, and compliance deadlines to stay audit-ready.

payroll
compliance
small-business
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