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Accounting and Accountability


Mar 6, 2026

In this episode:

  • Why tax season gets significantly more intense in March, and why accountants push for earlier deadlines to ensure returns are accurate and thoroughly reviewed.

  • How accounting firms stay engaged in their communities even during the busiest time of year, including charitable initiatives and local philanthropy.

  • A lesser-known tax rule affecting investments in physical gold and silver, and why these assets are taxed differently than many other investments.

  • Planning strategies involving IRAs, including how charitable distributions can reduce taxable income while supporting causes you care about.

  • What beneficiaries need to know about Required Minimum Distributions after inheriting an IRA, and the potential tax consequences of missing them.

  • A detail many business owners overlook about tip deductions for self-employed individuals and why proper reporting matters.

  • A recent change to the business interest deduction rules and how it may impact larger businesses starting in 2025.

  • Important filing deadlines for businesses and partnerships during tax season, and why extensions are often part of a smart filing strategy.

  • What really happens if taxes aren’t paid on time, including how IRS interest works on both unpaid balances and delayed refunds.