by Gilbert CPA | Jun 29, 2026
Selling a business, rental, or large asset this year? Plan Before You Sign. There's a moment in almost every significant asset sale when the seller realizes they should have called their accountant sooner. The deal is done, the documents are signed, and the question...
by Gilbert CPA | Mar 2, 2026
S-corporations 101: FAQs for business owners S-corporations are one of the most frequently discussed (but often misunderstood) tax structures for small business owners. You’ve likely heard that they can help reduce taxes, especially self-employment taxes. And in...
by Gilbert CPA | Feb 26, 2026
Understanding the IRS’s new deduction for qualified overtime compensation The IRS has issued detailed guidance on a new federal income tax deduction for qualified overtime compensation. This measure, effective for tax years 2025 through 2028, provides a federal...
by Gilbert CPA | Feb 23, 2026
Living trust myths vs. reality: what a revocable trust really does Revocable living trusts (RLTs) are common in estate planning, and commonly misunderstood. They’re sometimes presented as a clean, all-purpose solution that avoids probate, reduces taxes, and...
by Gilbert CPA | Dec 19, 2025
IRS grants employers penalty relief for 2025 tip and overtime reporting The IRS is offering employers a break for 2025, easing penalties as businesses work to comply with new reporting rules for tips and overtime pay. In Notice 2025-62, released November 5, the...
