Tax Resources for Accountants and Small Businesses (U.S.)
Preparing for the Uniform CPA Examination in 2025–2026 requires an understanding of both the official exam framework and the available CPA exam review providers. Since the launch of the CPA Evolution model, candidates should...
The IRS Tangible Property Regulations provide the primary federal guidance for determining whether costs related to tangible property must be capitalized or may be deducted as current expenses. These final regulations, issued under Treasury...
The 3.8% Net Investment Income Tax (NIIT) remains an important consideration for high-income individuals, estates, and trusts in the 2025/2026 tax year. Originally introduced as part of the Affordable Care Act, this surtax continues...
Retirement plan sponsors may occasionally face IRS penalties due to late filings, missing forms, or administrative oversights. While the former “Penalty Relief Pilot for Small Retirement Plans” is no longer in effect, the IRS...
Staying current with IRS requirements is essential for tax professionals preparing for the upcoming filing season. Each year, the Internal Revenue Service issues updates related to compliance, security, and professional responsibilities. The following IRS...
Download the official IRS Form 1040 for 2025 Download Free Federal Income Tax Form 1040 (Excel Spreadsheet) From Excel1040.com – The original, fully functional Excel-based Form 1040 spreadsheet. Includes built-in IRS calculations, all 2025...
Misclassifying workers as independent contractors instead of employees can create federal tax and wage-and-hour exposure. The good news is that U.S. employers may be able to correct worker classification voluntarily—especially for federal employment tax...
Article explains what is Form W-8 BEN-E and gives detailed instructions on how to fill it in case of foreign company.
The New York City Unincorporated Business Tax (UBT) is a local tax imposed by the City of New York on certain unincorporated business income earned from activities conducted wholly or partly within New York...
The North American Industry Classification System (NAICS) is the official industry classification system used by federal statistical agencies to collect, analyze, and publish data about the U.S. economy. In the United States, NAICS is...
Definition of Small Business For U.S. government contracting purposes, a small business is defined by federal regulation—not by common or commercial usage. Eligibility is determined using industry-specific size standards established and enforced by the...
California economic nexus determines when a remote or out-of-state seller is required to collect and remit California sales and use tax based on sales activity in the state. California sales and use tax is...
Handbook for Employers (M-274) is an official guide issued by the U.S. Citizenship and Immigration Services (USCIS). It provides detailed instructions for U.S. employers on how to properly complete and retain Form I-9 (Employment...
Federal payroll tax forms are used by U.S. employers to report wages paid to employees and to file and pay required payroll taxes. These forms are administered by the Internal Revenue Service (IRS) and are...
This payroll compliance guide provides an overview of employer payroll responsibilities in the United States. It explains federal payroll requirements, tax obligations, wage rules, and recordkeeping duties that apply to employers regardless of size...
Sales tax in the United States is imposed at the state and local level, not by the federal government. Each state sets its own rules for sales and use tax, including what is taxable,...
Navigating state taxes in the United States can be complex because each state has its own tax agency, rules, and filing procedures. If you are an individual taxpayer, a business owner, or a tax...
California Employment Development Department (EDD) The California Employment Development Department (EDD) administers the state’s payroll tax programs, including Unemployment Insurance (UI), Employment Training Tax (ETT), State Disability Insurance (SDI), and California Personal Income Tax...
Codes for the Principal Business or Professional Activity classify sole proprietorships by the type of activity they are engaged in to facilitate the administration of the Internal Revenue Code. These six-digit codes are based...
Abstract Adjusted Current Earnings (ACE) is an IRS-defined income measure formerly used in the calculation of the Corporate Alternative Minimum Tax (AMT). Although the AMT was repealed for most corporations after 2017, ACE remains...