The Once-in-a-Lifetime IRA-to-HSA Rollover: How the Qualified HSA Funding Distribution Works
The IRS allows one tax-free IRA-to-HSA transfer per lifetime, capped at the HSA limit — fail the 12-month test and it is taxable income plus 10%.
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Tax Planning
Strategic tax planning to minimize liability and maximize savings
Supporting Your Aging Parents? The Tax Breaks That Offset the Cost of Care
Supporting a parent can unlock a $500 IRS dependent credit, head-of-household status, plus medical and care deductions.
States Are Loosening Agritourism Rules in 2026: California Farm Camping, Oregon Farm Stores, and Your Books
California AB 518 lets counties allow nine farm campsites; Oregon HB 4153 adds a farm-store permit. Report the new income on IRS Schedule C, not Schedule F.
Gala Tickets, Charity Auctions, Raffles: Which Fundraiser Payments Are Tax-Deductible?
IRS rules: deduct only what a gala ticket or auction bid exceeds fair market value; raffle and 50/50 tickets are never deductible, even for charity.
Kazakhstan's 2026 Tax Overhaul: The VAT Hike, the Simplified-Regime Squeeze, and the Deduction Ban
Kazakhstan's 2026 Tax Code lifts VAT from 12% to 16%, halves the registration threshold and bars deducting payments to simplified-regime suppliers.
Can You 1031-Exchange a Vacation Home? The Safe-Harbor Rules That Decide It
IRS Rev. Proc. 2008-16 lets a vacation home qualify for a 1031 exchange: rent it 14+ days a year at fair rent and cap personal use, 24 months before and after.
Buying a Small Business With an Earnout: Bridging the Valuation Gap Without Blowing Up Your Books
Earnouts pay out about 21 cents per promised dollar. Buyers book them at fair value under ASC 805; sellers report under IRS installment rules.
Hawaii's Enterprise Zone Program Just Opened to Retail, Health Care, and IT: Is Your Small Business Now Eligible?
Hawaii's Act 182 opens 7-year enterprise zone tax breaks — full GET exemption plus an 80% income tax credit — to retail, health care, and IT firms in-zone.
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.
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.
Paying for College With Savings Bonds? How the Education Exclusion Makes EE and I Bond Interest Tax-Free
EE and I bond interest is federal-tax-free for college tuition — unless the bonds were ever in your child's name. Form 8815 rules and 2026 limits.
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.