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December 2025 Business Due Dates December 15 - CorporationsThe fourth installment of estimated tax for 2025 calendar year corporations is due.
December 15 - Social Security, Medicare and Withheld Income Tax If you are an employer and the monthly deposit rules apply, December 15 is the due date for you to make your deposit of Social Security, Medicare, and withheld income tax for November 2025. This is also the due date for the nonpayroll withholding deposit for November 2025 if the monthly deposit rule applies.
December 31 - Caution! Last Day of the YearIf the actions you wish to take cannot be completed on the 31st or in a single day, you should consider taking action earlier than December 31st, as some financial institutions may be closed that day.
Weekends & Holidays:If a due date falls on a Saturday, Sunday or legal holiday, the due date is automatically extended until the next business day that is not itself a legal holiday.
Disaster Area Extensions:Please note that when a geographical area is designated as a disaster area, due dates will be extended. For more information whether an area has been designated a disaster area and the filing extension dates visit the following websites:
FEMA: https://www.fema.gov/disaster/declarationsIRS: https://www.irs.gov/newsroom/t....ax-relief-in-disaste
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Your Annual Reminder to File Worker 1099s Article Highlights:

1099-NEC Filing Requirements
Filing Due Date
Independent Contractor Filing Threshold
Landlords
Additional Filing Requirements
Form W-9
Household Workers
Penalties
Endeavors to Mitigate Penalties
Worksheet

This is our annual reminder that if you use workers other than employees to perform services for your business and pay them $600 or more for 2025, you are required to issue each one a Form 1099-NEC after the end of the year to avoid facing penalties and the potential loss of the deduction for their labor and expenses.
Filing Due Date: The 1099s for 2025 must be provided to workers and filed with the IRS no later than February 2, 2026. Normally the due date is January 31, but since it falls on the weekend, the due date is extended to the next business day, which is February 2, 2026.
Landlords: The requirement to file Form 1099-NEC may also apply to landlords considering the 20% pass-through deduction (Sec. 199A deduction) for business income. The IRS, in regulations for this tax code section, cautions landlords that to be treated as a trade or business (and therefore to generally be eligible for the 199A deduction), they should consider reporting payments to independent contractor service providers on IRS Form 1099-NEC. This generally wasn't required for rental activities in the past and still isn't required when a rental is classified as an investment rather than as a trade or business.
Additional Filing Requirements: Although not commonplace, Form 1099-NEC filing is also required in the following situations:

File Form 1099-NEC or Form 1099-MISC to report sales totaling $5,000 or more of consumer products to a person on a buy-sell, a deposit-commission, or other commission basis for resale.
Also file Form 1099-NEC for each person from whom federal income tax has been withheld under the backup withholding rules regardless of the amount of the payment (report in box 4).

Form W-9: It is not uncommon to, say, have a repairman out early in the year, pay them less than $600, and then use their services again later and have the total for the year exceed the $600 limit. As a result, you could easily overlook getting the necessary information, such as their complete name and tax identification number (TIN), to file the 1099s for the year. Therefore, it is good practice to have unincorporated individuals complete and sign the IRS Form W-9 the first time you use their services, whether or not the initial payment exceeds the 1099 filing threshold. Having properly completed and signed Form W-9s for all independent contractors and service providers eliminates oversights and protects you against IRS penalties, potential loss of the business deduction and conflicts.
The government provides IRS Form W-9 as a means for you to obtain the data required to file 1099s for your vendors, contractors or service providers. This data includes the individual's name, address, type of business entity and TIN (usually a Social Security number or an Employer Identification Number) as well as certifications of the ID number and citizenship status. It also provides verification that you complied with the law should the individual provide you with incorrect information. We highly recommend that you have potential vendors, contractors, etc., complete Form W-9 prior to engaging in business with them. The form can either be printed to fill out or completed onscreen and then printed. A Spanish-language version is also available. The W-9 is for your use only and is not submitted to the IRS. The W-9 was last revised by the IRS in March 2024, so if you previously printed out blank W-9s of an earlier version to give to your vendors, you may want to print copies of the latest version (including the instructions) and discard the older unused forms.
Household Workers: 1099-NEC worker reporting does not apply to household workers, as they are considered employees. Call for additional information.
Penalties: If a business does not submit a Form 1099-NEC or Form 1099-MISC by the specified date, penalties range from $60 to $340 per form for filings within the 2026 tax year (1099-NECs for 2025), influenced by the lateness of the submission. In cases where a business willfully ignores the obligation to accurately provide a Form 1099-NEC or Form 1099-MISC, they face a minimum penalty of $680 per form or 10% of the income stated on the form for the 2025 tax year, with no upper limit.
Endeavors to Mitigate Penalties: Have the contractor complete a Form W-9, Request for Taxpayer Identification Number and Certification, when they are initially hired. If that was not done, the following actions may help to mitigate penalties:

Conduct Multiple Solicitations: Make up to three efforts to obtain the TIN from the payee, proving reasonable attempts were made. Document all attempts through email, certified mail, or text messages.
Initiate Backup Withholding: If the contractor fails to provide their TIN, start backup withholding at a 24% rate on any subsequent reportable payments and send this to the IRS.
Submit the 1099-NEC by Paper: If the TIN is still not received by the filing deadline, submit a paper Form 1099-NEC and write "Refused" in the section designated for the TIN.
Reply to IRS notices: The IRS may inquire about the missing TIN. You should respond promptly with proof of your attempts to obtain the TIN.

Consequences of non-compliance: If filing requirements are intentionally ignored, such as not collecting a TIN, substantial penalties could be imposed ($660 per form for the 2025 tax year), without a maximum cap. Following these procedures is essential in reducing penalties.
State Filings: State filing deadlines may vary. Some states participate in the Combined Federal/State Filing program, while others require direct filing. 
E-File Mandate: The threshold for the e-file mandate requires filers to electronically submit returns if they file 10 or more returns in a calendar year. This threshold is determined by aggregating various types of returns, rather than having separate limits for each return type as was previously the case.
Paper Filed 1099-NECs: If a business is not subject to the e-file mandate, 1099-NECs can be paper filed, but on special optically scannable forms.
Preparing For Next Year: The reporting threshold for independent contractors paid during the 2026 tax year has been increased to $2,000 by the One Big Beautiful Bill Act. But make sure W-9s are collected from all independent contractors even though the threshold is higher than it's been in the past.
If you need assistance with filing 1099-NEC or have questions related to this issue, please give this office a call. You can complete the 1099-NEC worksheet and forward it to this firm to prepare 1099s.
 
 
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Video Tips: Tax Implications of Lavish and Extravagant The Internal Revenue Service (IRS) does not provide a strict definition of what is considered "lavish" or "extravagant" when it comes to business expenses. However, the Service does provide guidance that expenses must be "ordinary and necessary" for them to be deductible. An "ordinary" expense is one that is common and accepted in the taxpayer's specific trade or business, while a "necessary" expense is one that is helpful and appropriate.
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Why an LLC? Article Highlights:

The Purpose and Function of an LLC
Pros and Cons of Choosing An LLC
Advantages
Disadvantages
Does an LLC Need Liability Insurance?
Does an LLC Provide Protection Nationally?
When to Choose an LLC
The Path Forward: Making an Informed Decision

An LLC (Limited Liability Company) is a flexible business structure that creates a legal distinction between its owners and the business itself. This separation shields the owners' personal assets from business liabilities and debts, a crucial safeguard not offered by simpler structures like sole proprietorships. The purpose of an LLC is to combine the limited liability of a corporation with the operational simplicity and tax flexibility of a partnership or sole proprietorship. An LLC may need to be registered with more than one state, depending on the extent of its activities in each state.
The Purpose and Function of an LLC: An LLC serves several key functions that make it a popular choice for many entrepreneurs:

Liability protection: The primary purpose of an LLC is to provide limited liability protection. The LLC is treated as its own legal entity, meaning if the business is sued or fails, creditors can only seize business assets. The owners' personal assets, such as their home, savings, and investments, are protected.
Tax flexibility: For federal tax purposes, LLC is not a recognized business classification. Instead, it offers a variety of tax options. By default, a single-member LLC is taxed as a sole proprietorship, and a multi-member LLC is taxed as a partnership. In both cases, profits and losses "pass through" to the owners' personal tax returns, avoiding the "double taxation" of a C corporation. Alternatively, an LLC can elect to be taxed as either a C corporation or an S corporation.
Operational simplicity: Compared to a corporation, an LLC is easier and less expensive to form and maintain, with fewer administrative requirements. It is not required to hold regular board meetings, record meeting minutes, or keep extensive record books.
Enhanced credibility:  Operating as a state-registered LLC can make a business appear more professional and legitimate to clients, vendors, and partners.
Flexible management and ownership: An LLC's management structure is highly flexible and defined in its operating agreement. It can be member-managed, with all owners participating in day-to-day operations, or manager-managed, with appointed managers overseeing the business. LLCs can also have an unlimited number of owners (members), and these members can be other LLCs, corporations, or foreign entities.

Pros and Cons of Choosing An LLC

Advantageso    Limited liability protection: This is the most significant benefit of an LLC. By separating personal and business assets, it protects owners from being personally responsible for business debts and legal judgments.o    Pass-through taxation: The default tax treatment avoids the double taxation that occurs with C corporations, where business profits are taxed at the corporate level and again when distributed to shareholders as dividends.o    Flexible taxation options: The ability to elect S corporation status allows owners to potentially reduce their self-employment tax burden.o    Management and ownership flexibility: The LLC structure provides significant freedom in how the business is managed, with fewer mandatory formalities than a corporation.o    Enhanced credibility: The official "LLC" designation adds a layer of professionalism that can be attractive to customers and potential partners.o    Minimal compliance requirements: Less red tape means more time and resources can be focused on growing the business rather than on extensive record-keeping and formal meetings.
Disadvantageso    Self-employment tax: By default, LLC owners who work for the business are considered self-employed and must pay self-employment taxes (Social Security and Medicare) on all the business's profits. This can result in a higher tax burden for highly profitable businesses compared to an S corporation election, where the owner is an employee to whom reasonable compensation, rather than the profits, must be paid (subject to FICA taxes).o    Loss of limited liability: The "corporate veil" can be "pierced" by a court in cases of fraud or if the owners fail to keep personal and business finances strictly separate. This can expose owners to personal liability.o    Ownership complexities: Compared to a corporation, transferring ownership in an LLC can be more complicated, potentially requiring the consent of other members. This can make it less appealing to certain types of investors, such as venture capitalists.o    Increased administrative costs: While generally lower than a corporation, an LLC involves more costs and paperwork than a sole proprietorship, including formation fees, annual report filings, and state franchise taxes or annual fees in some states.o    Doing Business: LLC laws and annual requirements differ by state, adding complexity for businesses operating in multiple jurisdictions. Failing to register properly in each state where you "do business" can lead to fines and legal complications.

Considerations

Does an LLC need liability insurance? Yes, an LLC needs liability insurance because while the LLC structure protects your personal assets from business debts and lawsuits, insurance is still necessary to cover business-specific liabilities. This coverage can protect against unexpected events, lawsuits, and legal costs, and is often required by law or by clients for certain types of businesses.Depending on your business, you may need more than just one type of liability coverage. o    General Liability Insurance: Covers third-party claims for bodily injury, property damage, and advertising injuries (libel/slander). It is highly recommended for almost any business.o    Professional Liability Insurance (E&O): Protects against claims of negligence, errors, or omissions in the professional services or advice you provide.o    Cyber Liability Insurance: Covers the costs of a data breach or cyberattack, which is crucial for any business that handles sensitive customer information. 
Does an LLC provide protection nationally? An LLC's protection does not automatically extend nationwide. While an LLC is formed in one "domestic" state, if it establishes a "significant business presence" in other states, it must register in those states as a "foreign" LLC to maintain its limited liability protection. Without foreign qualification, a business can face fines, back taxes, and lose the ability to use the court system in that state.
Each state has its own definition of "doing business," and the required level of activity to trigger foreign registration can vary. General guidelines for when you may need to register in a new state include: o   Maintaining a physical location, such as an office, store, or warehouse.o   Having employees located within the state.o   Entering a significant number of binding contracts within the state.o   Generating a significant portion of revenue from the state.o   The business owner lives and operates the business from a state other than where the LLC was formed. 

When to Choose an LLC: An LLC is often the best choice in the following situations:

Protection of personal assets: If you are a sole proprietor or partner operating in a business with significant risk, an LLC offers vital protection for your personal assets.
Growing a business: As a business expands and takes on more contracts, employees, and debt, the limited liability protection becomes increasingly important.
Multiple owners: An LLC is a strong choice for businesses with partners, as the operating agreement can clearly define ownership, management, and profit-sharing, reducing the risk of internal disputes.
Tax planning for profitable businesses: An LLC that becomes highly profitable can benefit from electing S Corp tax status to reduce the owner's self-employment tax liability.
Adding credibility: If you are seeking business loans or want to project a more professional image, an LLC can enhance your credibility.

The Path Forward: Making an Informed Decision - Choosing the right business structure is a critical decision that depends on your specific goals, financial situation, and risk tolerance. While an LLC provides an excellent balance of liability protection, tax flexibility, and operational simplicity, it is not a one-size-fits-all solution.
Before making a final decision, consider:

Your risk exposure: Does your industry carry a high risk of liability?
Your team: Are you running the business alone or with partners? Do you plan to hire employees?
Your growth strategy: Do you plan to seek venture capital funding or go public?
Your profitability: What are your projected profits, and what are the tax implications of each structure?
Long-Term Exit Strategy: How do you want to structure your eventual departure from the business, especially how membership interests should be transferred? Details should be specified in the operating agreement when the LLC is formed

It is highly advisable that you consult with this office to ensure you make the best choice for your unique situation and to understand the state-specific tax issues related to LLCs.
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The Weirdest Tax Protests in the Last Century Taxes are usually dull. But every so often they spark something strange, from performance-art protests to digital revolts to tractor blockades. Here are five tax uprisings that broke the mold over the last 100 years.
1. The Break-dancer in Cranford, New Jersey – 2025
At a crowded town hall meeting in Cranford, New Jersey, at first glance, it seemed like a typical municipal gathering: residents watched the slide show, listened to the budget line items, the property-tax increases. Then, a man in casual business-casual clothes dropped into a series of break-dance moves. He spun, he moon-walked. Why? According to the local ABC affiliate, his property taxes had jumped far more than he expected; the referendum promised a moderate $400 bump, yet his bill surged nearly $900.
This was his protest. He peppered the township committee with questions, stood on the table, and danced. The crowd gasped. Some laughed. Some were annoyed. He wasn't destroying equipment or chaining himself to the mayor's desk. He was doing a backspin. He made the spectacle the message: 'You raised my taxes, now watch me dance in your meeting.'
The performance did two things: it drew media attention, and it reframed the typical 'tax protest' as something almost absurd. He stood for frustration—over growth, over development, over local deals, and a sense of powerlessness—turned into kinetic art. The Cranford break-dancer reminded everyone that tax policy affects real people, and sometimes they revolt in a way you don't expect.
Key Lesson: When people feel like they have no control over tax increases, their protests can become performative. Property taxes may be local and boring, but that doesn't stop the thread of anger from showing up, sometimes on one foot, pivoting.
2. The Social-Media 'Gossip Tax' in Uganda – 2018
In July 2018, the government in Kampala, Uganda passed a daily tax of 200 shillings (about US $0.05) on users who accessed popular apps like Facebook, WhatsApp, Twitter and other over-the-top (OTT) platforms.
Why is that weird? Because for the vast majority of global tax revolts we expect property, income, consumption, not a daily fee to chat with friends. This tax targeted digital speech, expression, and connection: the tools of dissent. President Yoweri Museveni described it as a 'gossip tax,' meant to tamp down frivolous online chatter. Opponents saw it as a direct assault on free speech and youth mobilization.
Protests followed. Roughly 200 people marched in Kampala, many led by pop-star turned politician Bobi Wine (Robert Kyagulanyi). Police fired tear gas. In an academic study, researchers found that while Twitter use fell about 13 % after the tax took effect, mentions of collective action rose 31 %, and observed protests increased by about 47 %. In a strange twist, a tax meant to quiet dissent may have galvanized it.
In everyday terms: imagine paying a nickel every day just to send WhatsApp messages—and being told it's for the public good. Then you walk to the square, chanting and waving phones. That's what happened. This incident shows how tax policy can morph into dominance over speech and connectivity, how youth culture becomes a tax target, and how protest evolves into digital resistance.
Take-away: Taxation is not just about money. It's about access, about power, about conversation. When a tax hits the very conduit of interaction, the protest takes on a different face.
3. The 'Bonnets Rouges' (Red Caps) Revolt in Brittany, France – 2013
In late 2013, in the rugged, windswept region of Brittany in north-western France, farmers, transport workers, business owners and locals banded together under the banner of the 'Bonnets Rouges' (Red Caps). Their target: a new ecological tax on heavy trucks, dubbed the 'écotaxe,' which would erect gantries across motorways to register heavy vehicle use and impose fees.
Imagine, for a moment, tractors rolling onto highways, protesters wearing red caps in homage to a 17th-century French Revolution revolt, metal toll-gantries being set ablaze, blockades everywhere. One report noted that more than 200 of the tax-collection gantries or radar structures were destroyed in just a few months.
The economic backdrop here is important. Brittany's agribusiness was struggling; the new tax would hit the regional freight system and add cost burdens on rural producers. The anger was layered thanks to tax policy, regional identity, and economic strain. By early 2014, the French government suspended the tax. The cost was enormous: nearly €1 billion in compensation and lost revenue.
This situation stands out because it wasn't just a protest—this was a semi-organized rural revolt against an environmental tax, with red hats as their uniform, tractors as weapons, and tax-gantries as targets. It's part industrial action, part regional rebellion, part tax revolt. Lesson: Taxes often trigger protests when combined with identity and fairness issues. When the people feel the burden is external and unfair—and the symbol of the tax is physical (gantry, toll booth)—the backlash can verge on theatrical.
4. The Egba Women's Tax Revolt – Abeokuta, Nigeria – Late 1940s
Though it had been brewing for decades, in the late 1940s in Abeokuta (then under British colonial rule in Nigeria), thousands of women—market traders, farmers, wives—stood up and said: we refuse to pay this tax. The tax was a flat-rate levy on women, implemented by colonial authorities, but without adequate representation, and in the context of economic decline. The revolt is sometimes called the Egba Women's Tax Riot.
These women were taxed even though their incomes were unstable; they lacked voting rights; and the colonial government was extracting resources while offering little voice. They organized, petitioned, marched. The revolt had cultural, gender and economic dimensions. A tax uprising led by women in a colonial setting, about representation and gender as much as money. The protest space isn't suburban town hall or social media—it's market stalls, trading women, an entirely different landscape.
Think of long lines at market stalls in Abeokuta, women covering their heads, bundles of produce aside them, whispering about taxes creeping up. Then the decision: if they won't pay, everyone stops trading. Every market day becomes a protest. Tax resentment isn't only about how much you owe, but who's asking it of you, under what conditions, and whether you have any say.
Take-away: Taxes that hit marginalized groups—especially when paired with voicelessness—often provoke unusual responses rooted in dignity, not mere dollars.
Bonus: The Whiskey Rebellion – Pennsylvania, USA – 1791-94
Going further back than a century may seem odd, but the flash and fury of the Whiskey Rebellion deserves inclusion for context. Other than revolutions (French, American) that led to full-scale wars, this was the grandfather of tax rebellions, in many ways. In the early United States, small-scale farmers in western Pennsylvania distilled their surplus grain into whiskey, both to preserve value and to transport it more easily. When the federal government imposed an excise tax on distilled spirits (1789–91), the frontier farmers exploded.
Their weapons were actions: tarring and feathering tax collectors, forming militias, and threatening insurrection. The federal government responded with military force (13,000 soldiers under President George Washington) to settle the matter. Here is the archetype of weird tax revolt—spirits, frontier bleachers, heavy militia, and the tax as a flashpoint for federal authority.
Picture the rough‐cut terrain, moonshine stills in hidden hollows, whiskey barrels rolling downhill. Then the mounted tax man arrives: 'Your distillery is owing.' The farmer snorts. 'Here's my barrel.' Tensions escalated from there to muskets and militia. Tax protests can be explosive when the tax touches identity, livelihood, culture (here whiskey), and when the state is seen as remote and illegitimate by those taxed.
Lesson: The weirdness is the scale + the symbol. Whiskey isn't just liquor—it's an economic tool in this frontier world. And, the protest isn't polite. It's about survival.
Why This Matters
These five cases illustrate something fundamental: taxes aren't just line items on a bill—they're entwined with identity, fairness, representation, and power. When the taxed feel invisible, powerless, or unfairly targeted, weirdness arises. Performance, destruction, digital revolt, gender-based protest—all of it becomes protest. In each case:

The object of taxation felt unfair (social media tax, eco-tax, flat women's tax, whiskey excise).
The method of protest was unusual—dance, tractors, digital mobilization, women markets, militia.
The symbolism mattered: red caps, break-dance, phones, stills.
The outcomes varied: suspension of tax, crackdown, compensation, policy change.

When your modern clients feel the burden—and especially when the tax is new, visible or symbolic—they may seek unconventional forms of pushback. The form the protest takes may matter as much as the substance.
In a world full of spreadsheets, audits, and compliance checklists, it's tempting to treat tax as purely mechanical. But the stories above remind us that taxes live in the realm of the human-and-weird. The break-dancer in Cranford, the WhatsApp tax in Kampala, the red-cap farmers in Brittany—they all say: if you tax us, we will find a way to show it. And sometimes that way looks nothing like what you expect.
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