NR Tax and Consulting LLC

10/12/2026

Planning to sell your business someday? Clean, credible financials can support buyer confidence, financing, and a smoother sale.

Project Equity estimates that 2.9 million U.S. businesses are owned by people age 55 or older, representing about $6.5 trillion in annual revenue. As more longtime owners begin thinking about retirement and succession, an enormous number of privately held companies will change hands in the years ahe...

10/12/2026

Are your beneficiary designations up to date? Marriage, divorce, and other life changes can affect who inherits your assets. Watch this video to learn why regular reviews are important.

10/09/2026

A new federal tax credit begins in 2027 for qualifying K-12 scholarship donations. Learn how the $1,700 credit works, why state participation matters, and what donors should know before contributing.

Congress created a new federal incentive for individuals who want to support K–12 education. IRC Section 25F provides a nonrefundable federal income tax credit for qualified cash contributions made to approved scholarship-granting organizations, or SGOs, that fund scholarships for eligible element...

10/06/2026

Does your business accept large cash payments? Receiving more than $10,000 can trigger Form 8300 reporting requirements. Learn what counts as cash, key deadlines, and why accurate filing matters.

If your business accepts cash, Form 8300 is one of those compliance rules you should understand before a large payment comes through the door. The form exists to help the IRS and the Financial Crimes Enforcement Network monitor large cash transactions that may be connected to money laundering, tax e...

10/05/2026

Learn when businesses must file Form 8300, what counts as cash, and the reporting rules that apply to large cash payments.

10/01/2026

Scammers use fear, urgency, and trust to target older adults. Learn common warning signs, how to prevent fraud, and steps families can take to help protect loved ones.

Elder fraud is a serious and growing problem. Every year, criminals use increasingly sophisticated schemes to steal money, personal information, and peace of mind from older adults. These scams can happen by phone, text, email, social media, mail, or even in person. Some are simple lies. Others are....

09/30/2026

Year-end retirement tax planning can affect more than your 2026 tax bill. Roth conversions, RMDs, Social Security and the senior deduction are among the areas worth reviewing before December 31.

Tax preparation generally reports decisions that have already happened. Tax planning asks whether something should still happen before December 31.

09/28/2026

Recent Tax Court and Fifth Circuit rulings create uncertainty around when a limited partner’s income may be subject to self-employment tax. Learn what tax professionals need to know.

09/25/2026

Here are the October 2026 Business Due Dates

October includes several important tax deadlines for businesses and self-employed individuals. Be sure to review upcoming filing, payroll tax deposit, and retirement plan deadlines to determine which may apply to you.October 15 - CorporationsFile a 2025 calendar year income tax return (Form 1120) an...

09/24/2026

Here are the October 2026 Individual Due Dates

October brings several important tax deadlines for individuals, including the extended deadline for 2025 individual income tax returns and foreign financial account reporting. Individuals who receive tip income may also have reporting requirements during the month.October 13 - Report Tips to Employe...