by Naz Nasseri | Jul 16, 2026 | blog, Corporate Tax Services, Individual Tax
The IRS has announced the 2026 standard mileage rates. These rates are for calculating the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. In Announcement 2026-11, the IRS increased the optional standard mileage rates... 
by Naz Nasseri | Jan 20, 2026 | blog, Corporate Tax Services, Individual Tax, Tax Credits
Tax penalties have existed since the early days of the U.S. income tax system. Their purpose is not primarily punitive, but administrative. The Internal Revenue Service uses penalties to encourage timely filing, accurate reporting, and prompt payment of taxes. Without... 
by Naz Nasseri | Jan 15, 2026 | blog, Individual Tax, Tax Credits
What Is a Roth IRA and Why Is It Tax-Advantaged? A Roth IRA is a type of retirement account funded with money on which you’ve already paid income tax. Unlike some other retirement accounts, contributions are not deductible when made. Instead, the primary benefit... 
by Naz Nasseri | Jan 13, 2026 | blog, Individual Tax, Tax Credits
What Is a Registered Domestic Partnership (RDP)? “RDP” stands for Registered Domestic Partnership. It’s a legal recognition provided by some states, including California, that offers couples, both same-sex and opposite-sex, many of the same legal... 
by Naz Nasseri | Nov 5, 2025 | blog, Individual Tax
In 2025 a long-absent tax benefit makes its return: the ability for individuals to deduct interest on certain personal-use car loans. The change, enacted through the One Big Beautiful Bill Act (OBBBA) (P.L. 119-21), reopens a narrow personal-interest deduction that...