THE 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 MoreSEP-IRA Contribution Limits for 2025 and 2026:
What Business Owners and Self-Employed Individuals Need to Know By Jessica I. Marschall, CPA, ISA AM ~ January 20th, 2025 Simplified Employee Pension Individual Retirement Accounts (SEP-IRAs) remain one of the most powerful retirement savings tools available to small business owners and self-employed individuals. With higher contribution limits than traditional IRAs and relatively simple administration, […]
Read MoreIRS Reasonable Compensation Requirements for S Corporations
Advisory Guidance for Owner-Employees in 2025 By Jessica I. Marschall, CPA December 27, 2025 Reasonable compensation remains one of the most consistently examined and litigated issues affecting S corporations and entities electing S-Corporation treatment. Despite long-standing IRS guidance and extensive case law, underpayment of shareholder wages continues to be a primary driver of payroll tax […]
Read MoreHigh-Impact Tax Issues Heading Into the 2026 Tax Season
A Strategic Advisory Guide for Sophisticated Taxpayers and Business Owners By Jessica Marschall, CPA, ISA AM President & CEO, MAS LLC | The Green Mission Inc. | Probity Appraisal Group | GM-ESG December 20th, 2025 As the 2026 filing season approaches, the questions being asked by sophisticated taxpayers are no longer about filing thresholds or […]
Read MorePartnership Classification Switching and Self-Employment Tax
Jessica I. Marschall, CPA, ISA AM December 5th, 2025 Partnership tax treatment requires clear classification of partner roles. The Internal Revenue Code distinguishes between general partners and limited partners, with significant consequences for self-employment tax liability and loss deduction eligibility. Taxpayers attempting to shift classifications based on immediate tax benefits create audit risk and potential […]
Read MorePass-Through Entity Tax Elections: Federal and State Tax Coordination Under Current Law
By Jessica I. Marschall, CPA, December 6th, 2025 Pass-Through Entity Tax (PTET) elections remain one of the most significant state tax planning mechanisms available to partnerships and S corporations following changes to federal itemized deduction limitations. Understanding how PTET operates at both the entity and individual level is essential for tax planning, particularly for high-income […]
Read MoreOpportunity Zones 2.0: A New Era of Community Investment Under the One Big Beautiful Bill Act
By Jessica Irving Marschall, CPAPresident, MAS LLC November 21st, 2025 Introduction The landscape of place-based economic development changed dramatically with the passage of the One Big Beautiful Bill Act (OBBBA or OB3), which fundamentally transformed the Opportunity Zones program from a temporary experiment into a permanent fixture of American tax policy. For tax professionals, […]
Read MoreWorker Classification & 1099 Compliance Guide
Jessica I. Marschall, CPA, ISA AM, October 21st, 2025 Worker Classification: IRS Framework The IRS uses a three-factor test to determine worker status: If you retain the right to control work details, the worker is generally an employee. Key tool: Form SS-8 requests IRS determination. The IRS maintains a searchable database of redacted determinations for […]
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