by Cory Carroll | Sep 18, 2026 | blog, Corporate Tax Services, Life Sciences Tax, Tax Credits, Technology Tax
Businesses are investing in artificial intelligence to improve products, automate internal processes, analyze data, support customers, and build new software capabilities. Some of that work may qualify for the federal research credit under Section 41. The credit is... 
by Cory Carroll | Jul 9, 2026 | blog, Cannabis Tax, Corporate Tax Services, Entity Formation, Flow-Through Tax Services, Technology Tax
Stopping operations is not the same as closing a business in California. A business may have no revenue, no employees, no customers, and no bank activity, yet still remain alive for California tax and filing purposes. In that gap, annual tax, late notices, penalties,... 
by Cory Carroll | May 21, 2026 | Corporate Tax Services, Flow-Through Tax Services, Individual Tax
The federal cap on state and local tax deductions continues to affect high-income taxpayers, especially business owners with income from pass-through entities such as S corporations, partnerships, and LLCs taxed as partnerships. Beginning in 2025, federal tax law... 
by Cory Carroll | May 12, 2026 | blog, Corporate Tax Services, Flow-Through Tax Services, Individual Tax
The new federal “no tax” rules for tips and overtime have attracted a great deal of attention, but the phrase can be misleading. These provisions do not make tips or overtime exempt from payroll tax, and they do not eliminate employer withholding or reporting... 
by Cory Carroll | May 11, 2026 | blog, Corporate Tax Services, Flow-Through Tax Services
Educational benefits have long been a tax-efficient idea employers like in theory but underuse in practice. The reason is simple: the rules are specific, the annual exclusion has felt modest for years, and many businesses are unsure how to structure a program so it is...