Total Accounting and Bookkeeping, Inc.

07/21/2026

Big news for families funding Trump accounts: a new IRS safe harbor may help avoid unnecessary gift tax filings on smaller contributions. That means less paperwork and more confidence in your gifting strategy. Curious how it works? Read now to see what this could mean for your family’s estate plan.

IRS guidance clarifies when Trump account contributions qualify for the gift tax annual exclusion and when a gift tax return may still be required.

07/21/2026

A Dependent Care FSA can help lower both your childcare costs and your tax bill. Be sure you're taking full advantage of this valuable benefit.

07/20/2026

Think your S corp salary can stay the same year after year? That “set it and forget it” approach can create costly IRS issues—and leave tax savings on the table. Learn how regular compensation reviews can protect your business and improve your tax strategy. Check it out.

Learn why S Corp reasonable compensation must evolve with your business, how the IRS evaluates owner salary, and how to protect yourself from audit risks.

07/20/2026

The most successful business owners don't wait until tax season to look at their numbers.

They build a habit of reviewing key financial reports every month, giving them the visibility they need to make better decisions, spot challenges early, and plan for growth with confidence.

When you know your numbers, you're not just managing your business. You're leading it.

Which report do you review most often: cash flow, profit & loss, or something else?

07/20/2026

Big tax change for retired first responders is coming in 2027: certain service-connected disability pensions may become federally tax-free. That could mean more money in your pocket—but only if your plan qualifies. Find out what to watch for and how to prepare now. Read now.

Starting in 2027, service-connected disability pensions for retired first responders may become tax-exempt. Learn how this impacts your tax planning.

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.

07/20/2026

Focus on what matters.

07/17/2026

The best business decisions aren't made on instinct alone.

They're backed by numbers, cash flow, and a clear understanding of where your business stands today.

A little financial clarity now can save a lot of stress later.

What's the first thing you look at before making a big business decision?

07/17/2026

Your 2026 tax strategy shouldn’t follow the headlines—it should follow your cash flow. Whether your business is growing fast or tightening up, the right moves now can protect profit, preserve liquidity, and avoid year-end surprises. Read now to see which tax playbook fits your reality.

Is your business growing or slowing in 2026? Learn how to optimize estimated taxes, cash flow, and entity structure during an uneven economy.

07/17/2026

A well-planned mid-summer sale helps reduce excess inventory, improve cash flow, and prepare your business for the busy fall shopping season.