Understanding the IRS’s new deduction for qualified overtime compensation

by Larson Gross | Feb 20, 2026

   INSIGHTS Understanding the IRS’s New Deduction for Qualified Overtime Compensation by Larson Gross ARTICLE | February 18, 2026 The IRS has issued detailed guidance on a new federal income tax deduction for qualified overtime compensation. This measure, effective...

Can You be Freed From a Spouse’s Tax Debt?

by Larson Gross | Feb 13, 2026

   INSIGHTS Can You be Freed From a Spouse’s Tax Debt? Understanding Innocent Spouse Relief by Larson Gross ARTICLE | February 16, 2026 When you file a joint tax return with your spouse, both of you are legally responsible for everything on that return. That...

SECURE 2.0 Mandatory Roth Catch-Up Rules: What Employers and High Earners Need to Know for 2026

by Larson Gross | Feb 12, 2026

   INSIGHTS SECURE 2.0 Mandatory Roth Catch-Up Rules: What Employers and High Earners Need to Know for 2026  by Larson Gross ARTICLE | February 12, 2026 A Pivotal Shift in Retirement Savings The SECURE 2.0 Act, passed in 2022 as part of an omnibus spending package,...

US GAAP vs. Tax Basis Reporting in Real Estate

by Larson Gross | Feb 11, 2026

   INSIGHTS US GAAP vs. Tax Basis Reporting in Real Estate by Mark Thoma, CPA ARTICLE | February 8, 2026 Executive Summary Financial reporting in real estate often requires choosing between U.S. GAAP and tax-basis accounting. Each framework affects how assets, income,...

Washington’s Proposed Millionaire Income Tax

by Larson Gross | Feb 9, 2026

   INSIGHTS Washington’s Proposed MillionaireIncome Tax by Kevin DeYoung, CPA/AEP ARTICLE | February 6, 2026 Executive Summary Washington lawmakers are considering a narrowly targeted tax on high earners, often referred to as a “millionaire’s income tax.” While...