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What C-Corporations in Hawai‘i Need to Know for Tax Year 2025
While much of Hawai‘i’s recent tax law activity has focused on pass-through entities (LLCs, partnerships, S-Corps), there are also important updates that C-Corporations should pay attention to for 2025. These changes affect corporate tax rates, credits, and compliance...
What Single-Owner LLCs in Hawai‘i Need to Know for Tax Year 2025
If you're operating a single-owner LLC in Hawai‘i (disregarded entity, taxed through your individual return), there are some important state law changes to watch as you prepare your 2025 taxes (to be filed in 2026). Hawaii has made several adjustments that could...
What Partnerships in Hawai‘i Need to Know for Tax Year 2025
If you run a partnership in Hawai‘i whether general, limited, or LLP the 2025 tax year (filed in 2026) brings important changes. Hawai‘i has aligned parts of its tax code with federal law while also introducing unique state rules, especially around the Pass-Through...
The Augusta Rule: A Hidden Tax Strategy for S-Corp
What if you could rent your own home to your business and not pay taxes on that rental income? That’s exactly what the “Augusta Rule” allows. This little-known section of the tax code (IRC §280A(g)) can be a powerful tool for business owners who operate corporations...
Hawaii C-Corporation Tax Updates for 2025: Key Changes, Credits & Compliance Rules
What C-Corporations in Hawaii Need to Know for Tax Year 2025 by Adam C. Bell, CPA While much of Hawaii’s recent tax law activity has focused on pass-through entities (LLCs, partnerships, S-Corps), there are also important updates that C-Corporations should pay...
Top 10 2025 Tax Changes Every Single-Owner LLC Should Know
Top 10 Things 2025 Tax Changes Every Single-Owner LLC Should Know by Adam C. Bell, CPA As we head into the 2025 tax year (for returns filed in 2026), Congress has enacted major changes under the One Big Beautiful Bill Act (P.L. 119-21, also “OBBB” or “OBBBA”) that...