by PSA CPA | Jan 8, 2026 |
Maryland’s PTE tax rules change in 2026. The “Resident Fix” allows significantly more federal tax savings for resident owners—but only if structured correctly. What Changed Starting January 1, 2026, Maryland PTEs can pay entity-level tax on all income allocated to...
by PSA CPA | Dec 22, 2025 |
For many business owners, their company is their most valuable asset. You’ve spent years—maybe decades—building it from the ground up. But when it comes time to move on to your next chapter, whether that’s retirement or a new venture, many owners realize too late that...
by PSA CPA | Dec 15, 2025 |
Every successful small business owner eventually faces a key decision: continue managing all tasks alone, or hire the first employee to expand capacity. This choice fundamentally changes your financial structure and your role as a business leader. We outline the...
by PSA CPA | Nov 11, 2025 |
As your business grows, so does your opportunity for major tax savings. The recent tax law changes (the OBBBA) have created powerful incentives to invest in your company right now, using deductions that drastically improve your cash flow. 1. Maximize Your Write-Offs:...
by PSA CPA | Oct 15, 2025 |
Step 1. Get Organized & Review Your Records The best defense against a stressful tax season is a strong offense. Use this post-tax lull to establish a better system for your financial records. Organize and Store Your Tax Documents: Don’t just stuff this...
It’s interesting to see how Social Security benefits are taxed differently depending on income and location. I didn’t realize only…