Sharp Tax & Accounting Blog

Richard Sharp 8/20/26 Richard Sharp 8/20/26

Is Your Business Trip Tax Deductible? Understanding the IRS Business Travel Rules

Business travel deductions depend on more than where you went or what you spent. Learn how the IRS looks at tax home, business purpose, mixed business-and-personal trips, temporary assignments, spouse travel, and the records needed to support deductible travel expenses.

Richard Sharp 8/20/26 Richard Sharp 8/20/26

Business Meals & Entertainment Deductions in 2026: What Business Owners Need to Know

Business meals and entertainment expenses can receive very different tax treatment in 2026. Learn which expenses may be 100% deductible, 50% deductible, or not deductible at all and why proper documentation and bookkeeping matter.

Richard Sharp 8/17/26 Richard Sharp 8/17/26

Renting Property to a Family Member? Why Fair Market Rent Matters for Taxes

Renting property to a family member? Learn how fair market rent can affect the tax treatment of your rental and how to estimate a reasonable rental rate.

Richard Sharp 12/23/25 Richard Sharp 12/23/25

Understanding the New Draft W‑9 (2026): What could change?

Learn what’s changing in the IRS Draft Form W‑9 (2026), including new digital asset broker certifications and TIN clarifications for small businesses

Richard Sharp 12/20/25 Richard Sharp 12/20/25

IRS Moves Toward All‑Electronic Refunds: What Taxpayers Need to Know

The IRS has officially started phasing out paper refund checks and the change could impact how you receive your money in 2026. Here’s what’s happening and what you need to do now.

Richard Sharp 9/26/25 Richard Sharp 9/26/25

Overtime Just Got a Little Sweeter — Here’s How to Keep More of It.

Let’s be honest — overtime can feel like a love-hate relationship. You love the bigger paycheck, but hate the bigger tax bill that follows. Good news: thanks to the One Big Beautiful Bill Act (yes, that’s really what they called it), Uncle Sam is finally giving your overtime a bit of a tax break.