I still get the same question from clients who film on weekends: if I posted it, can I deduct it? As of August 18, 2026, the Tax Court answered that in writing. In T.C. Memo. 2026-69, a taxpayer who called himself an influencer tried to write off Grammys travel, Emmys tickets, and paid meet-and-greets with … Read More
Mid-2026 Tax Updates: HSA Limits, a Higher Mileage Rate, and a New Scholarship Credit
Three significant tax and benefits changes took effect or were announced during Q2 2026. Whether you run a business, manage employee benefits, or are focused on your own financial planning, at least one of these updates is likely relevant to you. Here is what changed and what you may need to do about it. 2027 … Read More
Accounting and Taxes for Medical Providers: A Practical Guide
Physicians, dentists, chiropractors, therapists, optometrists, and other healthcare providers spend years mastering clinical skills. Financial management is rarely part of the curriculum. But the accounting and tax obligations of a medical practice are substantial, and the cost of getting them wrong is high. This guide covers the key areas every medical provider needs to understand. … Read More
Business Advisory Services: How a CPA Can Be Your Most Valuable Business Partner
Most small business owners think of their CPA as someone they see in the spring to file taxes. That relationship is valuable, but it captures only a fraction of what a CPA can offer. Business advisory services turn your CPA into a year-round strategic partner — someone who helps you understand where your business stands … Read More
How to Pick a Nonprofit to Donate To — And How Peters Bandura LLC Can Help
Americans give hundreds of billions of dollars to charitable organizations every year. For many donors, the decision of which nonprofit to support is made quickly, based on familiarity or an emotional appeal. But taking even a small amount of time to evaluate an organization before you give can make the difference between your donation creating … Read More
Accounting and Taxes for Home Service Businesses: What You Need to Know
Plumbers, electricians, HVAC technicians, landscapers, painters, cleaning services, roofers, and other home service providers are the backbone of the local economy. They are also some of the most underserved small business owners when it comes to financial guidance. If you run a home service business, here is what you need to understand about accounting and … Read More
Trump Accounts: What Every Family Needs to Know
A new category of tax-advantaged savings account for American children officially launched July 4, 2026. Established by the One Big Beautiful Bill signed into law in 2025, Trump Accounts give every eligible American child a $1,000 government-funded head start in the stock market. The official source for information and enrollment is trumpaccounts.gov. Here is what … Read More
Mid-Year Tax Planning Checklist for Small Business Owners
Most small business owners think about taxes once a year: in April, when the deadline is breathing down their neck. The result is missed deductions, underpaid estimates, and last-minute scrambling. July is the ideal time to step back, review where your business stands, and make adjustments that can meaningfully reduce your tax bill before December … Read More
10 Small Business Tax Deductions You’re Probably Missing in 2026
Most small business owners overpay their taxes every year. Not because they are doing anything wrong, but because they simply do not know which deductions they are entitled to. The IRS does not send you a reminder about write-offs you missed. That is our job as your CPA. Here are 10 commonly overlooked tax deductions … Read More
Navigating the One Big Beautiful Bill Act – What It Means for You and Your Business
At Peters Bandura, LLC, we’re committed to keeping you informed about major legislative changes that impact your finances. The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump on July 4, 2025, is a sweeping tax and spending bill that brings significant updates to the tax code. Passed by the House … Read More