#tax-compliance
Tax Compliance
Stay compliant with tax regulations and filing requirements
Estonia e-Residency in 2026: The New 2% Board Fee Tax, VAT Substance Rules, and What Still Works
Estonia added a 2% surcharge on board member fees (24% total) from January 2026 and now denies VAT numbers to e-Resident companies without real economic ties — while 0% corporate tax on retained profits remains. Here's what changes for Estonian OÜ owners.
Horse Boarding Bookkeeping: Per-Horse Costs, Pass-Throughs, and the Hobby-Loss Rule
Full-service horse board runs $650–$1,600 a month nationally, yet a 30-horse barn's real costs can near $60,000 monthly — here's how to build a per-horse chart of accounts, handle vet and farrier pass-throughs, recognize board revenue correctly, and stay clear of the IRS hobby-loss rule.
Illinois Drops the 200-Transaction Sales Tax Rule: What Remote Sellers Should Do in 2026
Effective January 1, 2026, Illinois eliminated the 200-transaction economic nexus threshold, leaving a single $100,000 trailing-12-month revenue test for remote sellers. Here's who gains or loses nexus, how the August–October 2026 amnesty program works, and how to structure your books to answer state-by-state sales questions on demand.
New Zealand Provisional Tax Explained: Standard, Estimation, and AIM Methods for Small Business
New Zealand provisional taxpayers with residual income tax over $5,000 choose between the standard uplift method (105% of last year's RIT), the estimation method, and AIM, with IRD charging use-of-money interest near 11% annually on shortfalls outside the safe harbour rules.
QuickBooks Online Payroll Now Auto-Pays Taxes at Run Time: What Changed on July 1, 2026 and How to Protect Your Cash Flow
As of July 1, 2026, QuickBooks Online Payroll automates all payroll tax payments and withdraws funds when you run payroll — not on the tax due date. Here's what changed, how it affects small-business cash flow, and a six-step checklist to avoid surprise withdrawals.
UK VAT Capital Goods Scheme Simplified: Computers Dropped, Property Threshold Rises to £600,000
From July 29, 2026, HMRC removes computers from the VAT Capital Goods Scheme entirely and raises the land and property threshold from £250,000 to £600,000 — the first increase since 1990. Expenditure incurred before that date stays under the old rules for its full adjustment period, so mid-project businesses must check when their first qualifying spend landed.
Business Vehicle Deductions in 2026: Standard Mileage vs. Actual Cost, Section 179 SUV Limits, and the Mileage Log the IRS Actually Wants
Mileage bundles costs at 70 cents per mile but year-one actual unlocks Section 179 for heavy SUVs — pick the method before you place the vehicle in service and keep the daily log that makes either deduction survive.
Form T2125 in 2026: How Canadian Sole Proprietors File Business Income, CPP, and NETFILE Without Triggering a CRA Review
Form T2125 turns a Canadian sole proprietor's invoices and receipts into taxable net business income on the T1 return. For 2026, gig platforms report earnings directly to the CRA, self-employed CPP totals nearly $9,300 at the earnings ceiling, and the June 15 filing extension still leaves payment due April 30.
Deferred Revenue and Contractor Classification: A Bookkeeping Guide for Career Coaches
How coaches should book multi-month packages with a deferred revenue liability — recognizing a $12,000 six-month package at $2,000 per month — plus when a subcontracted coach needs a W-2 instead of a 1099, and what the 2026 rise in the 1099 reporting threshold from $600 to $2,000 under OBBBA actually changes.
Retail Delivery Fees in 2026: What Sellers Owe in Colorado and Minnesota
Colorado's retail delivery fee rose to $0.31 per order on July 1, 2026, while Minnesota charges $0.50 on qualifying orders of $100 or more. Here are the exemption thresholds, marketplace carve-outs, the ten-plus states drafting similar fees, and how to record the fee so it doesn't tangle your books.
Traveling Carnival and Fair Concessionaire Bookkeeping: Gross-Revenue Splits, Multi-State Permits, and a Route of One-Week Stops
How carnival and fair concessionaires should keep books for a route business — recording 25–50% gross-revenue splits and guarantee floors per stop, registering for sales tax permits that differ by state (Ohio's statewide license vs. California's per-location permits vs. Illinois's changing-location filer status), reconciling cash daily against ticket counts, and tracking day-labor payroll and 1099 thresholds across state lines.
UAE Small Business Relief Ends After 2026: What Freelancers Need to Do Now
The UAE's Small Business Relief — a 0% corporate tax election for resident businesses with revenue of AED 3 million or less — expires for tax periods ending after December 31, 2026. Here is what freelancers and small businesses should do before the standard 9% rate applies, from the AED 1 million registration threshold and its AED 10,000 late penalty to building profit-ready bookkeeping.