Topics: Business Tax
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Inventory Costing Methods: FIFO vs LIFO vs Weighted Average
Compare the main inventory costing methods: FIFO, LIFO, weighted average, and specific identification, and how each affects COGS, ending inventory, and taxes.
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Section 181 Expired: How Film Producers Deduct Costs in 2026
Section 181 expired for productions after 2025. Learn how film producers deduct production costs in 2026 using 100% bonus depreciation under Section 168(k).
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Loan-Out Companies for Cast and Crew: Tax Pros and Cons
A loan-out company can lower self-employment tax, expand business deductions, and provide liability separation, but only above a certain income level.
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UNICAP 263A for Distributors: Which Costs to Capitalize
UNICAP under Section 263A requires distributors to capitalize the direct acquisition cost of inventory plus an allocable share of indirect costs, such as
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Percentage of Completion Accounting vs. Completed-Contract Method
Percentage of completion accounting recognizes revenue and profit gradually as a long-term contract progresses, usually measured by costs incurred to date
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The Real Estate Investor’s Guide to Choosing a CPA
A real estate CPA worth hiring should demonstrate hands-on experience with four areas that drive investor returns: cost segregation and depreciation, Section
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Real Estate Partnership Tax: Allocations and 704(b) Basics
A real estate partnership can allocate income, loss, and deductions however the partners agree, but the IRS only respects those allocations if they have
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Choosing a Cannabis CPA: 7 Questions to Ask First
The right cannabis CPA should prove hands-on Section 280E experience, allocate cost of goods sold defensibly, keep your books audit-ready year-round, handle
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Cannabis Entity Structure for Multi-State Operators
For most multi-state cannabis operators, a C-corporation is the more defensible entity structure today, because it caps the federal rate on 280E-inflated
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Cannabis Rescheduling and the Future of 280E
As of mid-2026, only marijuana in FDA-approved drug products and marijuana under qualifying state medical licenses has been moved to Schedule III.