by Sara Raby | Oct 5, 2026 | blog, Corporate Tax Services, Flow-Through Tax Services, Individual Tax
The Treasury announced on October 1, 2026, that it had completed automatic enrollment for Trump Accounts. According to the announcement, every eligible child under age 18 with a valid Social Security number now has an account, including more than 60 million children... 
by Dana Borys | Oct 2, 2026 | blog, Corporate Tax Services, Flow-Through Tax Services, Individual Tax
A limited partnership agreement may identify someone as a limited partner. For federal self-employment tax purposes, that designation does not necessarily settle the question. On September 17, 2026, the U.S. Court of Appeals for the Second Circuit affirmed the Tax... 
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 Sara Raby | Jul 27, 2026 | blog, Flow-Through Tax Services, Individual Tax
Governor Gavin Newsom signed two California budget trailer bills on July 13, 2026, creating new planning opportunities for families, employers, growing businesses, and first-time electric vehicle buyers. Senate Bill 180 generally conforms California to the federal tax... 
by Sara Raby | Jul 22, 2026 | blog, Flow-Through Tax Services, Individual Tax
California real estate withholding is not just a closing formality. For investors, nonresident owners, trusts, estates, LLCs, and sellers structuring installment sales or 1031 exchanges, California Form 593 can determine whether sale proceeds remain available to 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,...