Will your estate owe state tax in 2026? Federal estate tax exemption hits $15M in 2026, but 12 states plus DC impose their own state estate tax 2026 — some with thresholds as low as $1 million. Cliff states can tax your ENTIRE estate if you exceed the limit by even one dollar. When most…
Can’t pay your tax bill after April 15? The IRS just launched a new IRS tax debt help tool on April 16, 2026. Our Los Angeles CPAs explain payment plans, Offer in Compromise, and relief options for 2026. If the April 15, 2026 deadline came and went with an unpaid balance staring back at you,…
What tax legislation should you watch in 2026? Our Los Angeles CPA team breaks down the key tax bills 2026 that could reshape estate planning, disaster relief, cryptocurrency reporting, and ACA premium credits for individuals and businesses. As we move deeper into the second quarter of 2026, Washington is quietly working through a stack of…
Do securities laws apply to blockchain tokens? The SEC tokenized securities statement of January 28, 2026 confirms existing federal securities laws apply to blockchain-based tokens. No new rules, no safe harbor — just a clear reaffirmation that tokenization is a technical change, not a legal one. On January 28, 2026, three SEC divisions made something…
Can tax firms finally manage their CAF digitally? The IRS Tax Pro Account now gives tax firms business-level control over their CAF relationships, letting designated representatives manage employee authorizations, link CAF to EIN, and reduce paper workflows. On February 9, 2026, the IRS announced a significant upgrade that tax-preparation companies, accounting firms, and professional organizations…
Is the DOL changing how independent contractors are classified? Yes — a proposed 2026 rule introduces a two-core-factor economic reality test that could reshape how your business classifies 1099 workers under federal law. The comment period closes April 28, 2026. The Department of Labor has just shaken up the gig economy landscape again. If your…
Can you really file your taxes for free in 2026? Yes — from VITA and IRS Free File to MilTax, multiple programs let you prepare and e-file your federal return at zero cost. Plus, the W-2G reporting threshold just increased to $2,000. If you are looking for free tax filing 2026 options, you are far…
How much does a 401(k) really cost a small business? With the small business 401k tax credit under SECURE 2.0, employers with 50 or fewer workers can claim up to $5,000 per year in startup cost credits for three years — effectively making retirement plans nearly free to launch. If you own a small business…
Does IRS Notice 2026-24 waive the underpayment penalty for farmers and fishermen? Yes — the farmer fisherman underpayment penalty waiver 2026 provided under IRS Notice 2026-24 waives the addition to tax under IRC §6654(a) for qualifying farmers and fishermen who did not make estimated tax payments for the 2025 tax year, provided they file their…
What are the most important multi-state tax developments in April 2026? The Deloitte State Tax Matters April 2026 report (Issue 2026-14) highlights critical developments including Utah’s new Targeted Advertising Tax, state decoupling from federal bonus depreciation rules, Maryland’s disconformity from the OBBBA, and Indiana’s limited tax amnesty program — all with significant implications for multi-state…
