Kansas SALT Parity Election: Are You Leaving Money on the Table?
With the federal SALT cap increasing to $40,000, Kansas business owners need to rethink whether the SALT Parity (PTET) election still makes sense. This guide explains who still benefits, when PTET can preserve valuable federal deductions, and why modeling your real numbers matters more than ever.
IRS Slowdowns and Shutdowns: What Taxpayers Should Do Now
IRS staffing cuts and government shutdowns are slowing refunds, notice responses, and phone support. Here’s what Kansas taxpayers and business owners can do now to protect cash flow, avoid penalties, and stay on track for the 2026 tax season despite IRS delays.
That TikTok Tax Hack Just Cost Someone $5,000 (Don’t Let It Be You)
The IRS just issued $162 million in penalties to over 32,000 taxpayers who followed viral social media tax “hacks.” Learn the red flags, real consequences, and where to actually get legitimate tax advice for your Wichita business.
New Payroll Reporting for Overtime: What Kansas Employers Actually Have to Do
New federal deductions for tips and the FLSA overtime premium start in 2025, but W-2s/withholding don’t change until 2026. Here’s exactly what Kansas employers should do now: track the FLSA premium separately, prep systems, and communicate clearly to staff.
New Car-Loan Interest Deduction: What Counts and How to Claim
New for 2025–2028: deduct up to $10,000/year of interest on a new, U.S.-assembled personal vehicle loan—no itemizing required. See income limits, what qualifies (first-lien loan, VIN on return), what doesn’t (used/leased/fleet), and simple planning tips.
No More Taxes on Tips and Overtime? What Kansas Workers Need to Know
New federal deductions let eligible workers deduct up to $25,000 in tips and $12,500/$25,000 in FLSA overtime premium (2025–2028). Learn what counts (card tips yes, no service charges), who qualifies (SSN + MFJ if married), and how 2025 transition rules and 2026 reporting work.
