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.
#tax-compliance
Tax Compliance
Stay compliant with tax regulations and filing requirements
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.
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.
Jamaica Raised Its GCT Exemption Threshold to $15 Million — and Digital Services Are Next
Jamaica raised its GCT registration threshold from J$10M to J$15M in April 2025; firms between the lines can deregister or stay registered voluntarily.
The Predominant Use Study: How Manufacturers Stop Paying Sales Tax on Their Utility Bills
If 50%+ of your metered electricity or gas runs production equipment, Texas, Indiana and other states exempt the whole utility bill — plus 3–4 years of refunds.
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.
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.
Andorra's 2026 CASS Hike: What Self-Employed Workers Owe Now
Andorra's standard self-employed CASS quota rose 4.4% to 587.95 euros a month in 2026 — and the 50% tier jumped 8.4% with the minimum wage.
Canada's Small Business Deduction in 2026: How to Qualify for the 9% Rate
Canada's small business deduction taxes the first $500,000 of CCPC active business income at 9% federal — if you pass the control, income, and grind tests.
Your CRAT Plus an Annuity May Now Be a Listed Transaction: What TD 10051 Means for Charitable Trust Planning
The IRS finalized TD 10051: CRAT-plus-annuity shelters are listed transactions. Disclose on Form 8886 by October 7, 2026, or face six-figure penalties.