Blogs

Quick Overview: Form 5472 can create important reporting responsibilities for foreign-owned U.S. LLCs, including those treated as disregarded entities. This blog explains when the form applies, which transactions may be...

Quick Overview: The federal reporting threshold for certain business payments increased from $600 to $2,000 in 2026. This change affects specific Forms 1099, but it does not apply to every...

Quick Overview: The IRS has updated its guidance for gig workers and self-employed professionals to clarify federal tax reporting requirements. This blog explains who qualifies as a gig worker, the...

Owning a short-term rental is a great way to earn extra income. Whether you rent out a vacation home or list your property on Airbnb or Vrbo, every booking adds...