Lithuania's 2026 Tax Reform: What the 7% Small Business Rate and the End of 9% VAT Mean for You
Lithuania's small-business tax rose to 7% in 2026 and the 9% VAT rate is gone — recompute advance payments and fix invoice templates before year-end.
#tax-compliance
Tax Compliance
Stay compliant with tax regulations and filing requirements
Overfunded Your HSA? How to Pull the Excess Back Out Before the 6% Penalty Starts Compounding
An HSA excess pulled with its earnings by April 15 (October 15 on extension) owes no 6% IRS penalty — just income tax on the earnings.
Slovenia's 2026 Normiranci Overhaul: What Freelancers and Sole Proprietors Need to Know
Slovenia's 2026 reforms lift normiranci ceilings to €150,000/€70,000 with new progressive tiers — what freelancers owe and the year-end moves to make.
On Strike? Your Strike Pay Is Taxable Income — and Nobody Withholds a Dime
Strike pay is taxable income per IRS Publication 525, reported on Form 1099-MISC with zero withheld — pay estimates now or owe tax plus penalty in April.
Canceled Mortgage Debt Is Taxable Again in 2026: What the Expired Principal-Residence Exclusion Means for You
Canceled mortgage debt is taxable income again in 2026 — the IRS principal-residence exclusion expired. Insolvency and bankruptcy on Form 982 can shelter you.
Florida's Closing-Cost Sticker Shock: The $0.70 Doc Stamp Tax and $0.20 Intangible Tax, Explained
Florida taxes deeds at $0.70 per $100 and mortgages at $0.35 plus $0.20 per $100 — $5,700 on a $500K purchase with a $400K loan, before title fees.
Living on a Fellowship or Research Stipend? What the IRS Taxes, What It Doesn't, and How to Report It With No W-2
Fellowship stipends spent on living expenses are taxable under Section 117 — report them on Schedule 1, line 8r and pay quarterly estimates.
Got a Math Error Notice? The IRS Already Changed Your Return — You Have 60 Days to Push Back
A math error notice means the IRS already assessed the tax — request an abatement within 60 days or lose prepayment Tax Court rights.
Lost Your EIN Confirmation? CP575 vs. Letter 147C and How to Get Proof Fast
The IRS never reprints the CP575 — request a 147C at 1-800-829-4933 or download the digital CP575 from your Business Tax Account.
Don't Wait Until January: Start Your Year-End Tax Prep This October
Start year-end tax prep in October: collect W-9s under the IRS $2,000 1099 rule, clean up vendors, reconcile Q3, and calendar every deadline.
Paying a Signing Bonus? The 22% Withholding Rule, the Clawback Agreement, and the Month-Three Quit
Signing bonuses are IRS supplemental wages: withhold 22%, apply FICA in full, and sign the clawback before you pay — same-year repayments unwind cleanly.
Your Tax Deadline Falls on a Weekend. Do You Owe Penalties on Monday?
IRS Section 7503 moves any tax deadline landing on a weekend or D.C. holiday to the next business day — but state dates and EFTPS cutoffs don't always follow.