Choosing the right retirement plan as a self-employed owner is not simply about finding the highest contribution limit. The real question is which plan holds up after you account for employees, cash flow, deadlines and where your business is headed.
A USPS rule change means that the postmark on your tax-related mail may no longer reflect the day you actually dropped it off, and the IRS still uses that postmark to determine whether you filed on time.
Laugh at the most relatable tax misunderstandings – then learn the real rules on service animals, business travel, multi-state filing, and how the IRS actually detects discrepancies.
Business owners’ financial decisions don’t stop at the company, they shape personal wealth and security. True resilience comes from managing business performance and personal risk together. This article outlines how to strengthen both through financial discipline, risk strategy, and clear separation between business and personal finances.
Learn what you need to know about how S-corps work, who they’re right for and what’s required to maintain one.
As of February 13, 2026, legislation that would align Arizona with recent federal tax changes has stalled in the Legislature and is not expected to pass prior to April 15, 2026. Learn about your options.
Artificial Intelligence (AI) is everywhere. There may be a growing temptation to believe this technology is poised to take over accounting. But in the real world – especially for Arizona CPAs working with private companies, the story is far more nuanced.
Stay on track and avoid costly IRS penalties by understanding which forms to use. Businesses must prepare 1099s for contractors and vendors by February 2, 2026.
For most people, tax season brings a quiet panic about what they might be forgetting and a last-minute rush to pull everything together before the deadline. But it doesn’t have to be that way. With just a little preparation, you can avoid surprises, minimize your tax bill, and make the entire process smoother for both you and your advisor.
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The IRS is offering penalty relief for 2025 as employers struggle to comply with new reporting requirements for tips and overtime pay under the OBBBA. While businesses won’t face penalties this year for failing to separately report qualified tips, overtime compensation, and occupation codes, this transition period is explicitly temporary, and smart employers will use it to prepare for full compliance in 2026.
From expanded deductions and new above-the-line benefits to shifting phaseouts and sunsetting exemptions, 2025 offers unique opportunities for individuals to lower their tax liability before year-end. This guide highlights smart, timely moves to help you make the most of current law before key changes take effect in 2026.