Thought Leadership Blogs

Because we care about our audience and their businesses - we strive to keep our community updated about the latest in business and finance.

We create content to answer the questions that are on your mind. If you are looking for answers to specific questions, don’t hesitate to schedule a discovery call with our friendly team.

FEIE vs. Foreign Tax Credit: Which One Fits a Family Working Abroad Part of the Year

September 25, 2026

Trevor McCandless

Fusion CPA explains when the foreign earned income exclusion and the foreign tax credit actually apply to a family working abroad, and when neither does.

Making Partner at a Law Firm: What Changes on Your Taxes When W-2 Becomes K-1

September 18, 2026

Trevor McCandless

A new K-1 changes more than one line on your return. At Fusion CPA, our tax team works with newly promoted partners across different states. We cover projecting the first year's self-employment tax, setting estimates against the safe harbor, sorting out which states actually need a filing, and reviewing the firm's PTET matrix to ensure compliance.

Why Would Anyone Pay $40 Million for a Ferrari? The Tax Logic of Charity Auctions

September 8, 2026

Trevor McCandless

Tax rules for charity auction purchases, explained by Fusion CPA using the $40M Ferrari sale and 2026's new deduction floor, cap, and state rules.

Find out when your garage sale may be considered capital gains and when you would need to declare your earnings from it

Is Garage Sale Income Taxable? Here's What You Need to Know

September 6, 2026

Trevor McCandless

Find out when your garage or yard sale may be considered capital gains and when you would need to declare your earnings from it.

The Spike Year: How to Plan When One Big Income Year Sits Between Two Average Ones

September 3, 2026

Trevor McCandless

Planning a high-income year? PTET elections, retirement plans, charitable bunching, and QSBS can all lower what you owe. Here's how they work.

Is Georgia a Market-Based Apportionment State? Understanding Business Tax Rules

September 3, 2026

Fusion CPA

Tax apportionment splits business income across states. Fusion CPA explains market-based sourcing, cost of performance, and Georgia's nexus rules.

Active vs. Passive Partnership: Tax Implications Explained

August 30, 2026

Fusion CPA

Being an active or passive partner can affect your duties and profit sharing. Find out how this affects your tax liability.

LeBron James Borrowed $300 Million Against His Nike Deal: The Tax Rule That Makes It Work

August 27, 2026

Trevor McCandless

Fusion CPA breaks down the tax rule behind LeBron James's $300M Nike-backed loan: why the cash wasn't taxed, and what still is.

How to Easily Record a Fixed Asset Purchase in QuickBooks Online (Step-by-Step Guide)

August 19, 2026

Fusion CPA

Accurately recording a fixed asset purchase in QuickBooks helps you monitor your finances and accurately file your taxes at the end of the year.

How to Monitor and Control LLM Token Spend: A Controller-Led Playbook

August 18, 2026

Trevor McCandless

Fusion CPA shows how controllers and founders monitor LLM token spend and SaaS seats with budget controls in QuickBooks and NetSuite. Call 404-955-7338.