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 Dana Borys | Jul 14, 2026 | blog, Corporate Tax Services, Entity Formation, Tax Credits, Technology Tax
Governor Newsom has signed California’s 2026-27 budget, including Senate Bill (SB) 122, Taxation. For technology companies and California businesses, the headline is the new tax treatment for Software-as-a-Service (SaaS) and digital prewritten software. But the...
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 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 Sara Raby | Apr 15, 2026 | blog, Corporate Tax Services, Entity Formation, Individual Tax, Life Sciences Tax, Tax Credits, Technology Tax
The IRS’s 2026 Dirty Dozen is a curated list of twelve schemes that are actively harming taxpayers, delaying refunds, and consuming enforcement resources during the current filing season. The list focuses on patterns the IRS is already tracking in its filters and...
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....