Tax Research Insights

How Do You Get Late Entity Classification Election Relief for a Missed Form 8832?

Late entity classification election relief under Rev. Proc. 2009-41: the four conditions, the 3 year 75 day limit, Form 8832 Part II, and the S corp route.

Oct 21, 2026Read more

Section 25F Scholarship Tax Credit: Rules for 2027 Gifts

The section 25F scholarship tax credit caps at $1,700 per taxpayer. See how REG-117199-25 treats joint returns, State credits and the first 2027 gifts.

Oct 20, 2026Read more

What Do the Trump Account Temporary Regulations in T.D. 10056 Settle?

The Trump account temporary regulations in T.D. 10056 apply for 2026. What is now binding, what is still proposed, and what to tell families and employers.

Oct 19, 2026Read more

Tax Rule Effective Date vs Applicability Date: Read the When First

Tax rule effective date vs applicability date, explained with T.D. 10054, T.D. 10057 and REG-117199-25, plus how section 7805(b) limits retroactive regulations.

Oct 17, 2026Read more

Car Loan Interest Deduction 2025: What T.D. 10054 Settles for Preparers

Car loan interest deduction 2025 returns: T.D. 10054 sets personal use, negative equity, lease buyout and lender reporting rules. What to check before you file.

Oct 12, 2026Read more

How to Write a Tax Research Memo That Holds Up: Structure, Authority and Confidence

A tax research memo has five parts: question, facts, authorities, analysis and a conclusion with a confidence level. Match it to the preparer penalty standard.

Oct 8, 2026Read more

Can You Cite a Private Letter Ruling? What 'May Not Be Used or Cited as Precedent' Means for Your Memo

Can you cite a private letter ruling? Reg. 301.6110-7(b) bars precedent use, yet Reg. 1.6662-4 counts it as authority. Here is how both rules work in a memo.

Oct 7, 2026Read more

Rev. Proc. 2026-32 and the Section 174A Form 3115: What Changed and Who Files

Rev. Proc. 2026-32 changes the rules for a section 174A Form 3115 filed after September 4, 2026 and adds a residential construction method change. Dates inside.

Oct 3, 2026Read more

Massachusetts OBBBA Decoupling: What Chapter 101 Changes for 2025 Returns

Massachusetts OBBBA decoupling under Chapter 101 disallows 168(n), higher 179 limits, the 163(j) change and 174A. See the years covered and the closed relief.

Sep 29, 2026Read more

The New Opportunity Zone Reporting Requirements: Section 6039K Returns and a $500-a-Day Penalty

OBBBA added new opportunity zone reporting requirements: an annual IRC 6039K return from every QOF, a $500-a-day penalty, and data duties for QOZ businesses.

Sep 25, 2026Read more

The Form 3115 Accounting Method Change: Filing It and Timing the Section 481(a) Adjustment

A Form 3115 accounting method change lands a favorable Section 481(a) catch-up in one year and spreads an unfavorable one over four. Here is how to file it.

Sep 22, 2026Read more

Employer Contributions to Trump Accounts: What the Proposed Section 128 Rules Require

Employer contributions to Trump Accounts are excludable up to $2,500 under IRC Section 128. What REG-101355-26 proposes, and why business owners are shut out.

Sep 19, 2026Read more

Business Interest Limitation 2026: What OBBBA Changed for Section 163(j)

The business interest limitation 2026 rules are not a rollforward. OBBBA amended Section 163(j) in three separate places, on two different effective dates.

Sep 16, 2026Read more

Undoing a Real Property Trade or Business Election After OBBBA

A real property trade or business election traded bonus depreciation for interest deductions. Rev. Proc. 2026-17 lets clients undo it while the window is open.

Sep 14, 2026Read more

The Estimated Tax Safe Harbor: A September Checklist for Business Owners

Use the estimated tax safe harbor to protect business-owner clients this fall: the 110 percent rule, the September 15 catch-up, and how the penalty is figured.

Sep 3, 2026Read more

Cost Segregation and Bonus Depreciation in 2026: A Planning Playbook

OBBBA set the bonus rate at 100 percent, which changes the math on cost segregation and bonus depreciation for property acquired after January 19, 2025.

Aug 27, 2026Read more

The Car Loan Interest Deduction: What Section 163(h)(4) Actually Requires

Car loan interest deduction rules: up to $10,000 a year for 2025 through 2028, which vehicles and loans qualify, the MAGI phaseout, and Schedule 1-A reporting.

Aug 21, 2026Read more

Responding to an IRS Collection Notice: A CDP Workflow for Practitioners

An IRS collection notice may start a 30-day CDP clock. Learn which notice does, what a valid Form 12153 needs, and what your client loses if the window closes.

Aug 10, 2026Read more

The Augusta Rule S Corp Deduction: How IRC 280A(g) Works

The Augusta Rule S corp deduction under IRC 280A(g) is real, but sloppy substantiation kills it. How the 14-day exclusion works and exactly what to document.

Aug 3, 2026Read more

Section 174 Expensing After OBBBA: What Changed for R&D Costs

Section 174 expensing is back for domestic research under OBBBA (new section 174A). Foreign research stays on a 15-year schedule; the switch is a method change.

Jul 29, 2026Read more

The OBBBA SALT Cap at $40,000: What Changes for Planning

The OBBBA SALT cap rose to $40,000, but the planning math did not get simpler. Here is when a PTET election still beats taking the higher cap straight.

Jul 23, 2026Read more

OBBBA Overtime Deduction: Employer Reporting and Schedule 1-A

What the OBBBA overtime deduction allows (the premium half, not all of it), what employers report on Form W-2 and Schedule 1-A, and where the phaseout bites.

Jul 14, 2026Read more

Guide6 min read

CPA CPE That Counts: Using Primary-Source Research for Self-Study Credit

Continuing-education rules differ by credential. EAs follow Circular 230 Section 10.6 (72 hours per cycle); CPAs answer to state boards and NASBA. Self-study credit comes from approved programs, not independent reading, but primary-source-based CE makes the required hours improve your practice.

Jun 29, 2026Read more

What Research Standards Must Credentialed Tax Preparers Meet?

Credentialed tax preparers answer to three overlapping standards: Circular 230, the IRC 6694 preparer penalties, and the 6662 accuracy-related penalty. All three turn on the authority behind each position and the research that documents it.

Jun 26, 2026Read more

Defending a Research Memo in an IRS Appeals Conference

At an IRS Appeals conference, a contemporaneous, citation-backed research memo is your strongest evidence. Appeals settles on the hazards of litigation, and documented substantial authority, reasonable cause under IRC 6664(c), and the 6751(b) approval check all move that probability in your client's favor.

Jun 25, 2026Read more

Guide6 min read

Documenting Research for Malpractice Insurance Audits

The same contemporaneous research file that satisfies Circular 230 and defends an IRC 6694 preparer penalty is what a professional-liability (E&O) review wants to see. One workpaper standard answers the carrier and the IRS at once.

Jun 24, 2026Read more

Insight5 min read

Can You Trust AI for Tax Research? What CPAs Should Verify First

Can you trust AI for tax research? Only as far as the sources behind the answer. The two ways AI fails and the checks a CPA should run before relying on one.

Jun 1, 2026Read more

Comparison5 min read

Best ChatGPT Alternatives for Tax Research in 2026

If ChatGPT's tax answers are not citation-backed enough for professional use, the best alternatives are purpose-built tax research tools. Here is what to look for and how the options compare for CPAs and EAs in 2026.

May 30, 2026Read more

Comparison5 min read

Bloomberg Tax vs Tax Orator: A Research Tool Comparison

Bloomberg Tax vs Tax Orator for solo and small-firm practices: editorial depth versus on-demand cited answers, how each works, and which fits which practice.

May 29, 2026Read more

Comparison6 min read

Thomson Reuters Checkpoint Alternatives for Solo and Small-Firm CPAs

If you are reconsidering a Thomson Reuters Checkpoint renewal, the practical alternatives are other editorial databases, AI-first research tools, and direct government sources. Here is how they compare for a solo or small-firm CPA in 2026.

May 28, 2026Read more

Due Diligence Checklist for Paid Preparers Under Circular 230

Circular 230 section 10.22 due diligence for paid preparers: what it requires, how it differs from IRC 6694 penalties, and a checklist with documentation.

May 25, 2026Read more

What Tax Research Tools Do Enrolled Agents Actually Need?

Enrolled Agents need tools that cover IRS publications, Treasury Regulations, Tax Court memorandum opinions, and state guidance for their representation work. Here is what to look for and what you can skip.

May 22, 2026Read more

Reading a Treasury Decision: A Field Guide for Practitioners

How to read a Treasury Decision: the preamble, the regulatory text and the effective date, how TD numbers and citations work, and an efficient reading order.

May 21, 2026Read more

When Does a Tax Court Opinion Become Precedent?

Regular Tax Court opinions bind, memorandum opinions persuade, and summary opinions cannot be cited. How to tell them apart, the Golsen rule and acquiescence.

May 20, 2026Read more

How to Read an IRS Notice in Under Five Minutes

IRS Notices follow a predictable structure: Purpose, Background, Guidance, Effective Date, and Reliance. Learning to read that structure lets you parse any Notice in under five minutes.

May 18, 2026Read more

What Changed for 2025 Bonus Depreciation Under OBBBA?

The One Big Beautiful Bill Act permanently restored 100% first-year bonus depreciation for eligible property acquired and placed in service after January 19, 2025. Here is what changed, what it means for state conformity, and how to plan around the new rules.

May 15, 2026Read more

Treasury Regulations vs Revenue Rulings vs Private Letter Rulings: Hierarchy Every CPA Should Know

How much weight each IRS authority carries in a research memo: regulations, revenue rulings, procedures, private letter rulings, notices, and when to cite each.

May 14, 2026Read more

What Is IRC 199A? A Practitioner's Walkthrough of the QBI Deduction

IRC 199A allows a deduction of up to 20% of qualified business income for pass-through entity owners. After OBBBA made the deduction permanent, practitioners need to understand the updated thresholds, SSTB rules, and W-2/UBIA limitations.

May 13, 2026Read more

Florida Sales Tax Nexus After Wayfair: What Solo CPAs Need to Know

Florida adopted economic nexus rules effective July 1, 2021. Remote sellers exceeding $100,000 in Florida sales must register, collect, and remit sales tax. Here is what triggers nexus and what solo practitioners need to advise clients.

May 11, 2026Read more

Texas Franchise Tax: What Multi-State CPAs Get Wrong

The Texas franchise tax is a margin tax, not an income tax. It does not conform to the IRC in the way income tax states do. Here are the errors multi-state practitioners make most often.

May 8, 2026Read more

Does New York Tax Pass-Through Entity Elections?

New York's PTET allows eligible partnerships and S corporations to elect an entity-level tax, generating a corresponding credit for partners and shareholders. Here is how it interacts with rolling conformity and the federal SALT cap.

May 7, 2026Read more

Guide6 min read

Does California Conform to Federal Bonus Depreciation in 2025?

California does not follow OBBBA's 100% bonus depreciation: it conforms to the IRC as of January 1, 2015. What that means for a 2025 return and workpapers.

May 6, 2026Read more

Practice Economics9 min read

State Conformity to Federal Tax Law: Rolling vs Static vs Selective

State conformity to federal tax law falls into three models. After OBBBA, the model your client's state uses determines whether federal changes apply at the state level.

May 4, 2026Read more

How to Price a CAS Engagement That Includes Tax Research

CAS engagements that include 5-10 research questions per month hide 2.5-5 hours of unbilled work. Three pricing models compared with the math that matters.

May 1, 2026Read more

Practice Economics9 min read

Building a Research Playbook for Your First Staff Accountant

A research playbook gets a new hire to competent tax research output in weeks instead of months. Here are the five components every firm needs to document.

Apr 30, 2026Read more

Practice Economics10 min read

When to Outsource Tax Research vs Keep It In-House

Most firms under 5 practitioners should keep research in-house with AI tools. Firms above 10 benefit from a hybrid. Here is the decision framework and the math behind it.

Apr 29, 2026Read more

Practice Economics7 min read

Billable-Hour Economics of Complex Tax Questions

Complex tax research questions can consume 30 to 90 minutes each. At typical billing rates, the cost per question is $125 to $600. A CPA breaks down the economics and what faster research actually means for your bottom line.

Apr 27, 2026Read more

Comparison8 min read

CCH Axcess vs Thomson Reuters Checkpoint vs Tax Orator

A practicing CPA compares the three main categories of tax research tools: traditional editorial databases (CCH, Checkpoint), AI-first research (Tax Orator), and what each does best.

Apr 24, 2026Read more

Practice Economics6 min read

How Much Does Tax Research Actually Cost per Return?

The real cost of tax research isn't the subscription fee. It's the 30 minutes per question at your billing rate. A CPA breaks down the math on traditional databases, AI tools, and the hidden cost of 'free' Google searches.

Apr 23, 2026Read more

Insight6 min read

What Is Citation-Backed Tax Research? And Why It Matters for Your Practice

Citation-backed tax research verifies every answer against primary sources like IRC sections, Treasury Regulations, and Revenue Rulings. Learn how it works and why it matters for CPAs and EAs.

Apr 15, 2026Read more

Comparison10 min read

Best AI Tax Research Software for CPAs in 2026

A practitioner's comparison of AI tax research tools for CPAs. Tax Orator, TaxGPT, Blue J, CPA Pilot, and ChatGPT evaluated on citation accuracy, pricing, and real-world usability.

Apr 14, 2026Read more

Comparison8 min read

Tax Orator vs TaxGPT: Which AI Tax Research Tool Fits Your Practice?

A detailed comparison of Tax Orator and TaxGPT for tax professionals. Citations, pricing, source databases, and real-world usability compared side by side.

Apr 13, 2026Read more