Tax Information Blog

A Guide to the Federal R&D Tax Credit for Technology Companies (2026)
2026-08-12 14:28 A Guide to the Federal R&D Tax Credit for Technology Companies (2026)   The federal research credit under Internal Revenue Code Section 41 is general business credit based primarily on qualified res...
Tax Write-Offs for Musicians: Software & Subscriptions
2026-06-29 19:46 Software and Subscriptions: Tax Planning Considerations for Self-Employed Music Professionals   Technology expenditures represent a significant and growing component of operating costs for self-empl...
Why Is My Inheritance Taxable? Understanding Schedule K-1 from a Trust (2026 Guide)
2026-06-10 18:12 Why Is My "Tax-Free" Inheritance Taxable?   This is one of the most common questions in fiduciary taxation. While the federal estate tax applies only to very large estates, income tax on trust earni...
Is Your Music a Hobby or a Business? 2026 IRS Rules for Musicians
2026-05-10 18:32 Complete 2026 Musician Tax Guide: Master the IRS hobby vs. business rules, understand the $400 self-employment threshold, and learn how the OBBBA 1099-K updates affect your taxes.