Isler Northwest LLC

🏠 Transferring a home to a child or family member while continuing to live there can trigger unexpected tax and legal issues. Gift tax, estate inclusion, capital gains (Sec. 121), Medicaid rules, and ownership structure all play a role in the outcome.

Read more here: https://www.islernw.com/tax-risks-and-benefits-of-home-title-transfers/

💼 Hiring can be a powerful step toward growth—but salary is only part of the equation. From payroll taxes and benefits to training, software, and management time, the true cost of a new hire is often higher than expected.

Read more here: https://www.islernw.com/the-real-cost-of-hiring/

📱 More people are earning through side hustles than ever before. These opportunities offer flexibility and independence—but staying organized and understanding tax responsibilities is key.

Read more here: https://www.islernw.com/gen-z-is-earning-differently/

📅 June tax deadlines are approaching! From estimated tax payments and tip reporting to IRA notices and filing requirements for taxpayers living abroad, staying on top of key dates can help you avoid penalties and stay compliant.

Read more: https://www.islernw.com/important-june-2026-individual-tax-due-dates/

💰 Did you repay income that was taxed in a previous year? Whether it's a bonus repayment, benefit overpayment, or compensation clawback, you may qualify for tax relief under the Claim of Right doctrine and could be eligible for a deduction or tax credit.

Read more: https://www.islernw.com/did-you-repay-money-you-paid-taxes-on-in-a-prior-year/

🏠 Real Estate Professional Status may offer major tax advantages for property owners.

Qualifying could help offset ordinary income with rental losses and potentially avoid the 3.8% Net Investment Income Tax. Read more here: https://www.islernw.com/how-real-estate-professional-status-can-benefit-property-owners/

⚠️ Paid IRS penalties or interest during the COVID years? You may be eligible for a refund.

A recent court ruling could impact certain late filing/payment penalties from 2020–2023 — but important deadlines may be approaching. ⏳

Now may be the time to review your situation before refund rights expire. Read more here: https://www.islernw.com/a-surprise-refund-opportunity-covid-era-penalty-refunds/

💸 Clients paying slower lately? You’re not alone.

✅ Require deposits
⏰ Shorten payment terms
📩 Automate invoices & reminders

Small changes can improve cash flow and help your business stay ahead. Read more here: https://www.islernw.com/clients-are-paying-slower-and-its-not-just-you/

⚖️ The IRS is looking beyond paperwork.
If a tax strategy lacks real business purpose, it may not hold up.

“Too good to be true” strategies are getting challenged more than ever. 👀 Read more here: https://www.islernw.com/the-irs-is-cracking-down-on-creative-tax-strategies-what-it-means-for-you/

🏡 Medical Home Improvements & Taxes

Certain home upgrades for accessibility or medical needs may have tax implications—but the rules are specific and not always straightforward. Documentation, cost limits, and eligibility all matter.

Read more: https://www.islernw.com/medically-related-home-improvements-may-have-tax-benefits/