TaxAce

06/23/2026

Managing bookkeeping for one business location is already a lot. Managing it across multiple locations? That takes even more structure.

From consistent processes to centralized accounting software and location-specific reporting, the right bookkeeping habits can help business owners get a clearer view of performance across every site.

Read the full article here:
https://www.linkedin.com/pulse/bookkeeping-best-practices-businesses-multiple-locations-taxace-hqvzc/

Educational information only. Not tax or financial advice.

When you manage the finances of a business with multiple locations, you face unique bookkeeping challenges. As your company grows, keeping financial records organized across several sites becomes more important than ever.

06/22/2026

Starting a business is exciting, but the tax setup matters.

Before you launch, review the basics:
• Choose your business structure
• Decide on a tax year
• Apply for an EIN if needed
• Prepare employee forms
• Understand federal and state requirements

A strong business starts with organized records and informed planning.

Need help optimizing your business setup for tax strategy?

Contact TaxAce to schedule your consultation.
Call (707) 557-1040 today!

06/18/2026

How much could you potentially save with the right tax strategy?

Try the FREE TaxAce Tax Savings Calculator and get a quick estimate in just minutes.

Visit TaxAce.io to start.

Educational estimate only. Results depend on your facts, records, and applicable tax rules.

06/17/2026

A completed business setup does not always mean the compliance side is fully covered.

Many California business owners are told the formation is done, but still need clarity on filings, taxes, deadlines, and records after that first step.

Message TaxAce if you want a clearer roadmap after formation.

06/16/2026

Educational assistance benefits can help employers attract and retain talent while giving employees meaningful support that may be excluded from federal taxable income.

2025 OBBBA, Section 127 plans became even more valuable, especially for student loan repayment assistance.

Swipe through to see what business owners should know.

06/15/2026

QSB stock tax benefits got a major update under the 2025 OBBBA.

For qualifying stock issued after July 4, 2025, the rules may now allow:

• $75M company asset limit
• 50% gain exclusion after 3 years
• 75% gain exclusion after 4 years
• Higher exclusion cap

These benefits can be valuable, but the rules are detailed and eligibility depends on the facts.

Ask TaxAce before you invest, sell, or roll over gains.

06/12/2026

Business owners, this one is worth a quick read. The QBI deduction may continue to offer valuable tax-planning opportunities for eligible pass-through businesses and self-employed professionals, depending on their situation. Learn what changed, who may qualify, and why it may be a good time to review your tax strategy with a qualified advisor.

Read the full article below: https://www.linkedin.com/feed/update/urn:li:activity:7471280561236533248

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Business owners, this one is worth a quick read. The QBI deduction may continue to offer valuable tax-planning opportunities for eligible pass-through businesses and self-employed professionals, depending on their situation. Learn what changed, who may qualify, and why it may be a good time to revie...

06/11/2026

QSB stock tax benefits got a major update under the 2025 OBBBA.

For qualifying stock issued after July 4, 2025, the rules may now allow:

• $75M company asset limit
• 50% gain exclusion after 3 years
• 75% gain exclusion after 4 years
• Higher exclusion cap

These benefits can be valuable, but the rules are detailed and eligibility depends on the facts.

Ask TaxAce before you invest, sell, or roll over gains.

06/10/2026

Were you charged IRS penalties or interest during the pandemic years?

A recent court decision in Kwong v. United States has raised questions about whether certain IRS penalties and interest were properly assessed during the COVID-19 disaster period.

This may affect some taxpayers who missed certain filing or payment deadlines between Jan. 20, 2020 and July 10, 2023.

But this relief is not automatic, and the issue is still being litigated. For many potentially affected taxpayers, July 10, 2026 is being treated as an important protective-claim deadline to help preserve possible refund or abatement rights while the courts continue to decide the issue.

Eligibility depends on your specific facts, IRS account history, penalty type, payment history, and current IRS/court guidance.

If you think this may apply to you, TaxAce can help review your IRS penalties, interest, transcripts, and possible next steps.

Book a consultation to review your situation.
Call (707) 557-1040.

Results and eligibility depend on your facts, records, and applicable guidance.

06/09/2026

U.S.-based six-figure business owners are often so focused on operations, payroll, hiring, and growth that tax strategy only gets attention when something urgent happens.

Without a clear plan, they risk missing growth opportunities and paying unnecessary expenses that could have been avoided.

Here are 5 tax strategy areas many growing U.S. companies overlook:
• Reviewing entity structure as the business grows
• Keeping clean books that support better tax decisions
• Structuring owner compensation properly
• Tracking deductions with solid documentation
• Making tax strategy part of larger business decisions

The right approach depends on your business structure, income, records, and goals, but these are smart areas to review early with a qualified tax professional.

Educational information only. Not personalized tax advice.
Always consult with your tax professional.