BookSmart Bookkeeping and Consulting, LLC

08/31/2026

Succession planning helps ensure a smooth transition, protects business continuity, and reduces disruption when key people leave or pass away.

08/24/2026

An HSA can help you save for healthcare expenses while offering valuable tax benefits. Learn who qualifies and how these accounts work.

08/17/2026

Cryptocurrency transactions can have tax consequences. Learn what to know about digital assets and when professional tax guidance may help.

08/10/2026

If you have to repay income that you previously reported and paid taxes on, you may qualify for some tax relief in the repayment year called "Claim of Right." Watch this video for details.

08/03/2026

U.S. citizens and resident aliens living abroad may qualify to exclude foreign earned income and claim foreign housing exclusions or deductions. Learn more in this week's Video Tips.

07/27/2026

Starting a business? Learn which startup and organizational costs may be deductible and why making the right tax election early matters.

07/20/2026

Retired disabled first responder? A new federal law may make certain disability pensions tax-free beginning in 2027. Watch this video to learn what it could mean for you.

07/19/2026

07/14/2026

The IRS has announced that it will begin automatically forgiving certain penalties for taxpayers who have not had a similar penalty in the past three years, rather than requiring them or their tax preparer to request relief for them.

07/13/2026

The IRS increased business, medical, and moving mileage rates effective July 1, 2026. Learn the new rates and how they affect your deductions.