by Cheryl Saroukhanoff | Aug 25, 2026 | blog, Cannabis Tax, Corporate Tax Services, Life Sciences Tax, Technology Tax
When a business adds a corporate subsidiary or acquires another company, management may have a choice to make: should each corporation file its own federal income tax return, or should the affiliated group file one consolidated return? A consolidated return can allow... 
by Cheryl Saroukhanoff | Aug 3, 2026 | blog, Corporate Tax Services, Entity Formation, Flow-Through Tax Services
The IRS continues to expand its Business Tax Account, giving more business owners secure online access to federal tax records that previously required mailed correspondence, telephone calls, or assistance from a tax professional. In April 2026, the IRS extended... 
by Cheryl Saroukhanoff | Apr 21, 2026 | blog, Corporate Tax Services, Entity Formation, Flow-Through Tax Services, Life Sciences Tax, Tax Credits, Technology Tax
Gross receipts taxes are structurally different from income taxes. Instead of taxing profit, taxes on gross receipts tax revenue, which means a business can owe taxes even while reporting a financial loss. That distinction is especially important for early-stage... 
by Cheryl Saroukhanoff | Mar 30, 2026 | blog, Corporate Tax Services, Entity Formation, Life Sciences Tax, Tax Credits, Technology Tax
Many businesses assume that state filing obligations follow profitability. That assumption is increasingly unreliable. In today’s state and local tax (SALT) environment, a company can trigger state filing or registration obligations even if it is operating at a loss.... 
by Cheryl Saroukhanoff | May 26, 2025 | Corporate Tax Services, Flow-Through Tax Services
As part of its ongoing modernization efforts, the IRS has expanded access to its Business Tax Account platform to include C Corporations—a move that signals a significant leap forward in simplifying tax administration for corporate taxpayers. Previously available to...