Midterms Are Weeks Away: What Your 501(c)(4) Can and Can't Do in an Election
A 501(c)(4) may electioneer only while politics stays under half its effort, per IRS rules — and political spending triggers 21% tax via Form 1120-POL.
#recordkeeping
Recordkeeping
Business recordkeeping requirements, document retention periods, and audit-ready documentation practices
Your $500 Bank Bonus Comes With a Tax Bill: How Sign-Up Bonuses and Interest Show Up on 1099-INT and 1099-MISC
Bank sign-up bonuses are IRS-taxable interest income, usually on 1099-INT, taxed at your marginal rate with nothing withheld. Set aside 22–37% plus state tax.
Belize Gave 806 Small Businesses a Tax Amnesty — Is Yours One of Them, and What Happens When the Year Runs Out?
806 Belize MSMEs won a one-year business-tax holiday; the first certificates expire now. Check your status, dodge the fake Amnesty 2.0, and plan the landing.
From First Brand Deal to S-Corp: A Content Creator's Tax Playbook for 2026
Creators owe 15.3% self-employment tax from $400 in net profit, plus quarterly estimates — and an S-corp election saves five figures past ~$60K profit.
Someone Used Your Photo Without Paying. Federal Court Costs a Fortune — This Online Tribunal Hears Claims Up to $30,000
The Copyright Claims Board hears copyright claims up to $30,000 entirely online for $100 in fees — but you need a registration application to file.
Deducting a Cruise or Foreign Conference: The $2,000-a-Year Cruise Ship Cap, the North American Area Rule, and Why Section 274(h) Disallows Most Overseas Conventions
Cruise-ship conventions cap at $2,000 a year and most overseas meetings fail Section 274(h) — what the IRS still allows, and the records that prove it.
You Filed the Wrong 1099 — Now What? How to Fix a 1099-NEC or 1099-MISC Before Penalties Stack Up
Fix a wrong 1099-NEC or 1099-MISC with one form for amount errors, two for name or TIN errors — and beat the 30-day window to hold the IRS penalty to $60.
The IRS Assigned Your Tax Debt to a Private Collector: What the CP40 Notice Means and How to Handle the Call
The IRS must assign old tax debts to private collectors CBE, Coast or ConServe — verify the CP40 notice and authentication number before paying a cent.
One Trademark Application, 130-Plus Countries: How the Madrid Protocol Takes Your Brand Global
The Madrid Protocol lets one USPTO-based application seek trademark protection in 130-plus countries — but for five years, everything depends on the US filing.
Two New Penalty-Free Ways to Tap Your 401(k) for Emergencies: Self-Certification, 3-Year Repay, and the Terminal-Illness Exception
SECURE 2.0 lets 401(k) savers take $1,000 for emergencies or $10,000 after domestic abuse with no 10% penalty — self-certified, repayable in 3 years.
Tax-Gain Harvesting in the 0% Bracket: How Business Owners With a Low-Income Year Can Sell, Rebuy, and Reset Basis Tax-Free Before December 31
In a low-income year, long-term gains are taxed at 0% Federal rate up to $98,900 joint — sell, rebuy immediately, and reset basis before December 31.
Trinidad and Tobago's New Landlord Business Surcharge: What Rental-Income Small Businesses Owe Starting 2026
Trinidad and Tobago taxes landlords 2.5–3.5% of gross quarterly rent: BIR registration, quarterly deadlines, penalties, and the annual income-tax credit.