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

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

by | 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...
US GAAP vs. Tax Basis Reporting in Real Estate

US GAAP vs. Tax Basis Reporting in Real Estate

by | 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

Washington’s Proposed Millionaire Income Tax

by | 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...

U.S. Business Tax Calendar

by | Jan 1, 2026

   INSIGHTS U.S. Business Tax Calendar Due Date Return/Period Covered File With Extension Due Date Jan. 15 941/943 payroll tax deposit (monthly depositors)* IRS 1120 U.S. Corporation return for fiscal years ending Sept. 30 IRS June 15 990 Exempt Organizations return...