Archive

A Clock Was Running on Your Return and Nobody Told You

The penalty hits before the tax case even starts.

Oct 13, 2026

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3 min read

Everyone Calls 28% a New Hit. The Rate Has Been There Since 1990

The 28% rate isn't a penalty. It's the collectibles bracket.

Oct 12, 2026

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3 min read

The $118,000 That Hit the Wall

The same bill that gave the write-off shrank the hole by $114,000.

Oct 9, 2026

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4 min read

The IRS Argued Your Dirt Is Worth Nothing. Now 41,000 Investors Agree.

The lesser-of rule has a gap. There's no recapture mechanism.

Oct 8, 2026

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4 min read

Same Bill, Second Page, Opposite Direction

The blocked interest doesn't die. It changes species on your books.

Oct 7, 2026

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3 min read

$180K in Bangalore Deducts Slower Than $700k in Austin

Puerto Rico Act 60 just got harder. The savings are still real. The audit risk is too.

Oct 6, 2026

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3 min read

Same Project, Same Cost, 96 Points Apart

Congress buried the kill switch on page 1,028.

Oct 5, 2026

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3 min read

Your $8,000 Gift Now Deducts to Zero

Same check to the same charity. One version deducts. One doesn't.

Oct 2, 2026

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3 min read

Your Cafeteria Still Runs but the Deduction Died Jan 1

The employee pays nothing. You eat the whole cost now.

Oct 1, 2026

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3 min read

You Wrote off $480,000 and Your State Billed You $51,000

California charges 13.3% on income that doesn't exist.

Sep 30, 2026

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3 min read

A 275% Effective Tax Rate on a $1,000 Profit

Two bills stacked in one code section. Nobody connected them.

Sep 29, 2026

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3 min read

One Sentence Kept Trusts Tax-Free. Congress Deleted It.

The math needs its own answer to start. Nobody has one.

Sep 28, 2026

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3 min read