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...
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...
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...
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...