Form 1099-NEC and Reporting Nonemployee Compensation
Form 1099-NEC plays a critical role in U.S. tax compliance by ensuring accurate reporting of nonemployee compensation paid to independent contractors, freelancers, and other service providers. Businesses...
IRS faces stiff challenges in 2026 tax season due to new laws
As the 2026 U.S. tax filing season officially got underway in late January, the Internal Revenue Service (IRS) is confronting a series of formidable...
Form 5472 Explained: A Complete Guide for US LLCs
Form 5472 for foreign-owned US LLCs is one of the most critical compliance requirements under US tax law. Even if the LLC has no...
Cost Segregation Tax Benefits for Rental Properties in 2026
Cost segregation tax benefits have become a serious planning tool for rental property owners in 2026. In practice, many investors still skip this strategy—not...
Depreciation for Rental Property: 2026 Tax Saving Guide
Depreciation for rental property is one of the most powerful tax benefits available to U.S. real estate investors, yet it’s often misunderstood or underutilized....