BTS Week sales spike: a Los Angeles restaurant line near SoFi Stadium and the bookkeeping that follows
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BTS Week sales spike: what changes in your books this month?

BySW Accounting admin

What does a BTS Week sales spike change in your books? Four things: your CDTFA sales tax filing frequency can change, tip records must stay clean for the new tip deduction, temporary staff earn daily overtime under California law, and your September 15 estimated tax should stay on the safe harbor. A BTS Week sales…

Irs notice 2026 24 farmer fisherman underpayment penalty waiver featured
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IRS Notice 2026-24: Farmer & Fisherman Underpayment Penalty Waiver Explained %sep% %sitename%

BySW Accounting admin

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…

A professional and clean infographic illustrating a common tax mistake. On the left, a green checkmark next to 'Extension to File' pointing to a calendar in October. On the right, a big red 'X' next to 'Extension to Pay' pointing to a bag of money with a penalty symbol, with the original April 15 deadline.

Filed a Tax Extension? Don’t Make This $1,000 Mistake of Paying Penalty

BySW Accounting admin

  Filed a Tax Extension? That’s great! But did you know you still have to pay by April 15? Let’s dive into the most expensive misconception about tax extensions. It’s a story I see all the time, especially with self-employed folks. You have a fantastic, profitable year. You’re organized, so you file your tax extension…