The Patchwork Problem: State Conformity with the One Big Beautiful Bill Act
TAX POLICY ANALYSIS | MARCH 2026 How diverging state tax laws are creating compliance complexity for businesses and individuals across America EXECUTIVE SUMMARY Enacted on July 4, 2025, the One Big Beautiful Bill Act (OBBBA) introduced sweeping changes to the federal tax code. However, federal law is only the starting point. Most states base their […]
Read MoreThe Case for Cost Segregation Analysis: Why the One Big Beautiful Bill Act Makes It More Valuable Than Ever
By Jessica Irving Marschall, CPA March 2026 As tax season is in full swing, my clients and I have been thrilled by the Cost Segregation analyses for which they invested, resulting in significant tax reductions through allocation to shorter-year depreciation buckets. These reports are not cheap and should not be invested in for many simple […]
Read More“Just Add Their Names to the Deed”
Why This Common Request Can be a Mistake in 2026, and What to Do Instead By Jessica Irving Marschall, CPA | President, MAS LLC | Updated March 10, 2026 It sounds like the ultimate act of kindness. A parent wants their home to pass to their children without the hassle of probate, so they ask: […]
Read MoreTax Season Updates: March 2026 Edition
Important Deadlines, Legislative Changes & Tax Planning Insights Dear Valued Clients, As we move through filing season, there is an extraordinary amount to cover. The tax landscape has shifted dramatically with the passage of the One Big Beautiful Bill Act (OBBBA), the IRS is facing serious legal challenges over taxpayer privacy, and rising costs of […]
Read MoreQSBS Eligibility Evaluation and Ongoing Compliance Consulting
MAS LLC Tax Advisory & Consulting Services QSBS Eligibility Evaluation and Ongoing Compliance Consulting Expanded Advisory Services for New and Existing Clients February 2026 Jessica Irving Marschall, CPA, ISA AM President & CEO, MAS LLC Fredericksburg, Virginia Why QSBS Matters More Than Ever The Qualified Small Business Stock exclusion under Internal Revenue Code Section 1202 […]
Read MoreThe IRS-Taxpayer Compact: How America’s Promise of Taxpayer Confidentiality Is Being Broken
A Bipartisan Crisis That Transcends Politics By Jessica I. Marschall, CPA, ISA AM, President MAS LLC, The Green Mission Inc., GM-ESG, and Probity Appraisal Group February 12, 2026 Every April, more than 150 million Americans perform an extraordinary act of trust. They hand over to the federal government their full legal names, dates of birth, […]
Read MoreTHE LONG GAME
By Jessica I. Marschall, CPA, ISA AM Rental Property Passive Losses, Depreciation Recapture, and the Tax Consequences You Cannot Afford to Ignore President & CEO, MAS LLC | The Green Mission Inc. | Probity Appraisal Group | GM-ESG Published February 2026 | For educational and professional reference purposes Introduction Residential rental real estate is one […]
Read MoreHealth Insurance Premiums for S Corporation >2% Shareholders
A Comprehensive Guide to Tax Treatment, W-2 Reporting, and the Self-Employed Health Insurance Deduction By Jessica I. Marschall, CPA, ISA AM President & CEO, MAS LLC February 2026 Introduction One of the most frequently misunderstood areas of S corporation taxation involves the treatment of health insurance premiums paid on behalf of shareholders who own more […]
Read MoreEQUITY COMPENSATION
ESPP, ISO, RSU, and SAFEs A Comprehensive Guide to Tax Implications, Advantages, and Strategic Applications By Jessica Marschall, CPA, ISA AM President & CEO, MAS LLC | The Green Mission Inc. | Probity Appraisal Group | GM-ESG January 2026 Introduction Equity compensation has become a cornerstone of modern employee benefits, particularly in technology, startup, and […]
Read MoreSMALL BUSINESS STANDARD OPERATING PROCEDURES
Bookkeeping, Recordkeeping & Tax Compliance Guide Prepared by MAS LLC Tax Advisory & Small Business Services Updated 2026 Introduction Maintaining accurate, timely financial records is critical for tax compliance, business decision-making, and audit preparedness. This guide outlines the essential tasks every small business owner should complete on a weekly, monthly, quarterly, and annual basis. Following […]
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