If you buy, sell, or trade digital assets, such as cryptocurrency or certain nonfungible tokens (NFTs), new reporting requirements will likely affect how your transactions are reported to and reviewed by the IRS. While these rules don’t change how digital assets are taxed, they significantly impact information reporting, increasing transparency and scrutiny.
Understand the Tax Details When Starting a Business
If you’re thinking about starting a business, make sure you understand your federal tax responsibilities before opening your doors. IRS Publication 583, Starting a Business and Keeping Records, covers the basics.
Strategic Tax Planning for Real Estate Professionals
Real estate success isn’t measured by gross commissions or deal spreads — it’s measured by what you keep.
Whether you’re a producing agent, active flipper, long-term landlord, or developer, your tax strategy should evolve alongside your portfolio. Markets change. Tax laws adjust. But proactive planning remains timeless.
USPS Postmark Changes & Tax Deadline Risk for U.S. Taxpayers
A longstanding assumption about mailing tax returns is no longer reliable — and the cost of getting it wrong is steep.
For years, the rule was straightforward: mail your federal tax return or payment by April 15, and the IRS considers it on time. But U.S. Postal Service operational changes have quietly undermined that assumption, creating a costly trap for taxpayers across the country.
Real Estate Tax Strategy: Engineer Wealth, Not Returns
Stop Just “Filing” Your Taxes—Start Engineering Your Wealth
In real estate, structure determines value. The same is true for your tax strategy.
Many agents, developers, and investors unknowingly overpay because their accountants focus on compliance rather than strategy. Tax law evolves. Market conditions shift. But reactive filing remains common — and expensive.
Husband-Wife LLC Rental Property: File a Partnership Return?
Quick Summary
- A husband-and-wife LLC holding rental property must generally file Form 1065 and issue Schedule K-1s to each spouse.
- The “mere co-ownership” exception does not apply once property is placed inside an LLC.
- The qualified joint venture election is explicitly prohibited for LLCs under IRS rules.
- Spouses in the nine community property states may treat the LLC as a disregarded entity and file a single Schedule E instead.
- Couples in all other 41 states have no federal workaround under the current tax law.
March 2026 Tax Due Dates
March 16 Employers: Deposit nonpayroll withheld income tax for February if the monthly deposit rule applies. Deposit Social Security, Medicare, and withheld income taxes for February if the monthly deposit rule applies. Calendar-year partnerships: File a 2025 income tax return …
What Is the Saver’s Credit?
The Retirement Savings Contributions Credit, commonly called the Saver’s Credit, is a federal tax credit designed to encourage low- and moderate-income workers to save for retirement. It provides a dollar-for-dollar reduction of the tax owed, supplementing other tax benefits available for retirement contributions. In recent years, millions of taxpayers have benefited, with the credit averaging several hundred dollars per eligible return.
What Is a Designated Roth Account?
Understanding Designated Roth Accounts in 401(k), 403(b), and 457 Plans
Many retirement plans now allow taxpayers to make Roth contributions if the plan includes a Designated Roth account. Your plan may also allow in-plan Roth rollovers or loans, depending on its rules.
Should I Hire an Accountant or Do Taxes Myself?
Is It Worth Hiring an Accountant to Do My Taxes?
Every tax season, we’re flooded with ads promising easy filing through DIY tax software and pop-up prep centers. For those with a simple W-2 and no other complications, those tools might work just fine.
But what if your tax situation is a bit more complex? Hiring an accountant or CPA might not only save you time — it could save you thousands of dollars and help you avoid costly mistakes or IRS audits.