Episode 142: QSBS, SALT, HSAs & More: Mid-Year Tax Moves for Taxpayers
From Accounting and Accountability by Faw Casson
June 12, 2026 · 15 min · Season 6 · Episode 143
About this episode
This episode discusses mid-year tax moves for taxpayers, including IRS strategies, tax identity theft, and updates on various tax-related topics.
In this episode: IRS call strategies – A tip for getting through when the IRS won't accept calls • Tax identity theft – How fraudsters file returns using stolen Social Security numbers • Qualified Small Business Stock (QSBS) – A little-known tax exclusion that could eliminate gains for eligible investors • IRS First-Time Abatement – An automated penalty relief process coming soon for late filers • Investment fee deductibility – Why individuals can no longer deduct these fees, but businesses still can • IRS interest rate increases – Higher rates on underpayments and overpayments starting Q3 2026 • 2026 W-2 changes – New codes to identify deductible tips and overtime pay • SALT cap – The $40,000 state and local tax deduction limit reaffirmed through 2029 • 2027 HSA limits – Contribution limits going up, with a reminder of the long-term savings benefits
People in this episode
Host: Faw Casson
Topics covered
- tax strategies
- IRS updates
- tax identity theft
- Qualified Small Business Stock
- investment fees
- SALT cap
- HSA limits
Keywords
- IRS
- tax identity theft
- Qualified Small Business Stock
- investment fees
- SALT cap
- HSA limits
- tax strategies
- penalty relief
Mentioned in this episode
Organizations: IRS, HSA
Products: Qualified Small Business Stock (QSBS)
More episodes of Accounting and Accountability
- Episode 142: IRS Notices, Hidden Tax Credits, and the Tax Traps Costing People Money · May 29, 2026 · 18 min
- Episode 141: From Kids' First Jobs to High Earners: Your Mid-Year Tax Playbook · May 15, 2026 · 19 min
- Episode 140: Fewer Audits, More Red Flags: What's Really Changing at the IRS · May 1, 2026 · 16 min
- Episode 139: Avoid IRS Penalties! · April 17, 2026 · 15 min
- Episode 138: Tax Traps and Smart Moves: What Taxpayers Should Fix Before It Costs Them · April 3, 2026 · 26 min
- Episode 137: The Tax Breaks You're Probably Missing, and the Tech That's Changing Everything · March 20, 2026 · 12 min
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