#tax-compliance
Tax Compliance
Stay compliant with tax regulations and filing requirements
The COVID-19 Disaster Relief Refund Deadline Is July 10, 2026: Your Last Chance to Claim an Extended Refund Under Section 7508A
The IRS postponed COVID-19 disaster deadlines under Section 7508A and the Taxpayer Advocate says July 10, 2026 is the last day to protect your refund. Learn who qualifies, which returns are covered, and how to file a protective claim before the window closes.
The 2026 Estimated Tax Underpayment Penalty: How the IRS's 6–7% Quarterly Compounding Rate Actually Adds Up for Small Business Owners
The IRS underpayment penalty for 2026 is 6–7% with quarterly compounding. Learn how the penalty is calculated per quarter, the $1,000 safe harbors, and the bookkeeping that keeps a small business from paying interest on its own tax.
Florida's New Restaurant Service Charge Transparency Law: What Owners Must Disclose Before Adding Automatic Gratuity
Florida's new service charge transparency law will require restaurants to clearly disclose any automatic gratuity or service charge — amount, label, and who keeps it — before guests order and on the receipt. Learn what to disclose, how to fix your POS and payroll, and how to book service charges correctly.
The FTC Is Cracking Down on Influencer Disclosure Rules in 2026: What Small Brands Working With Creators Need to Document
The FTC's 2026 enforcement of endorsement guides means undisclosed influencer posts are a deceptive practice claim. Learn what a clear and conspicuous disclosure actually requires and the contract and payment record that proves it.
The FTC Just Sent Made in USA Warning Letters to Seven Companies: What Small Manufacturers and Sellers Must Prove Before Using the Label
The FTC warned seven companies over unqualified Made in USA claims. Learn the all or virtually all standard, qualified claims, and the documentation small manufacturers need before putting Made in USA on packaging or listings.
Illinois Delayed Its Ban on Card Swipe Fees for Sales Tax and Tips to 2027 — But a Federal Court Just Upheld Part of It Anyway
Illinois banned interchange fees on sales tax and tips but delayed it to 2027; a federal court upheld part of the ban in 2026. Learn what the ban means for small merchants, what the injunction left intact, and the bookkeeping that separates tax and tips from swipe fees.
The Irrevocable Life Insurance Trust (ILIT): How Business Owners Keep Life Insurance Out of Their Taxable Estate
An ILIT can keep a life insurance payout out of your taxable estate and provide liquidity to pay estate taxes without forcing a business sale. Learn how ILITs work, the three-year rule, Crummey powers, and common mistakes that bring the policy back into your estate.
Italy's Regime Forfettario in 2026: How Freelancers Use the 15% Flat Tax — and Why the Side-Income Threshold Just Rose to €35,000
Italy's regime forfettario taxes freelancers at a 15% flat rate (5% for new activities) on deemed profit. Learn 2026 eligibility, the new €35,000 side-income threshold, and the bookkeeping that keeps the regime from becoming a surprise exit.
Kenya's Significant Economic Presence Tax and eTIMS Mandate: What the 2026 Threshold Removal Means for Freelancers Getting Paid From Abroad
Kenya removed the threshold for Significant Economic Presence Tax in 2026 and expanded eTIMS to all businesses. Learn what the 3% SEP tax means for freelancers paid from abroad and how eTIMS invoicing keeps you compliant with KRA.
Minimum Wage Goes Up in 22+ States and Localities in 2026: A Multi-State Employer's Guide to Staying Compliant Without Overpaying Payroll Taxes
Minimum wage rises in 22+ states and dozens of localities on Jan 1 and July 1, 2026. Learn the multi-state compliance map, tip credit interplay, and payroll controls that keep a single underpayment from becoming a multi-state audit.
Minimum Wage Just Went Up in More Than 20 States and Cities: A July 2026 Payroll Update Checklist for Small Employers
More than 20 states and cities raised minimum wage on July 1, 2026. Use this July payroll checklist to verify rates, tip credits, and youth wages before the next pay run violates a city ordinance you didn't check.
Mobile Notary and Loan Signing Agent Bookkeeping: Separating Notary Fees From Signing Fees, Mileage Deductions, and the Self-Employment Tax Line Most Notaries Miss
Mobile notaries and loan signing agents juggle state-capped notary fees and market-rate signing fees. Learn how to separate them for Schedule C, track mileage correctly, and handle the self-employment tax distinction that trips most notaries.