OBBBA One Year Later: What Changed for Small Business Owners in 2026

Steve Perry

Published on: 01/09/2026

This article explains how the OBBBA made key small business deductions permanent, while new IRS reporting thresholds mean planning and record keeping matter all year, not just at filing.

Tax education articles and IRS representation advice for individuals and small businesses

Partnership Tax Problems That Turn Into Expensive IRS Notices

Steve Perry

Published on: 18/08/2026

Partnership tax risk continues after Form 1065 is filed. See how IRS matching, audit rules, and notice deadlines affect partnerships and partners year-round.

Tax education articles and IRS representation advice for individuals and small businesses

Shareholder Distributions vs. Payroll: Understanding the Difference Before the IRS Does

Steve Perry

Published on: 13/08/2026

Wages and distributions follow different tax rules. Learn why the IRS looks at substance over labels and how uncategorized withdrawals create payroll and basis risk.

Tax education articles and IRS representation advice for individuals and small businesses

Reasonable Compensation: The IRS Rule Many S Corporation Owners Ignore

Steve Perry

Published on: 12/08/2026

Reasonable compensation is a year-round payroll requirement, not a filing formality. Learn why the correction window closes at year end and how the IRS spots the mismatch.

Tax education articles and IRS representation advice for individuals and small businesses