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LLC compliance failures cost thousands in penalties. 2026 brings significant changes: most notably, domestic LLCs are now exempt from federal beneficial ownership reporting. Tax Filing Deadlines Your deadline depends on tax classification. Sole Proprietorship: April 15, 2026 Partnership: March 16, 2026 S Corporation: March 16, 2026 C Corporation: April 15, 2026 Quarterly Payments Required Expect […]

If you're a mobile mechanic running your own operation, whether as a sole proprietor or single-member LLC, tax season doesn't have to mean handing over more cash than necessary. The truth is, you're sitting on hundreds (maybe thousands) of dollars in legitimate write-offs just by doing what you do every day: driving to clients, buying

Tax season hits different in 2026. New IRS rules. Changed depreciation schedules. Higher stakes for non-compliance. This checklist eliminates guesswork. Follow the phases. Document everything. Stay compliant. Phase 1: Core Documents Gather these first: Prior Year Tax Return (2025) Carryover losses Depreciation schedules Ending balance sheet Business Identifiers EIN confirmation letter State tax ID numbers

Tax season 2026 looks different. The One Big Beautiful Bill (OBBBA) rewrote the rulebook for small business tax planning, delivering permanent changes that directly impact your bottom line. If you're a small business owner, these updates mean immediate cash savings and simplified tax preparation for small business operations. Here's what changed and how to maximize