Lisa Marie Brugman, EANeed more time to file your taxes? An extension gives you extra time to file — not extra time to pay. This guide explains how to file Form 4868 correctly, avoid penalties, and make sure your extension is handled the right way.
Lisa Marie Brugman, EACan you deduct unpaid invoices? It depends on your accounting method. Cash-basis businesses generally can’t deduct income they never received, while accrual-based businesses may qualify for a bad debt deduction—if the debt is truly worthless and properly documented. This guide explains the difference so you can avoid mistakes and stay compliant.
Lisa Marie Brugman, EAHiring your spouse as an S-Corp owner can still unlock meaningful tax benefits in 2026—but only if it’s structured correctly. This guide breaks down what still works, which credits remain available, and the compliance rules that matter most so you can avoid costly mistakes and IRS scrutiny.
Lisa Marie Brugman, EAIf you’ve ever claimed a home-office deduction, chances are you’ve heard the horror stories about depreciation recapture. And if you haven’t heard them directly, you’ve probably absorbed the fear indirectly through tax blogs, Facebook groups, or a well-meaning friend who “read something once."