Basi, Basi & Associates

09/17/2026

Florida Restaurant Show

Roman Basi will be speaking at the Florida Restaurant Show.
Date: 27-Oct-2026
Time: 1:00 PM – 1:45 PM
Location: Education Theater 115
Topic: Structuring for Success: Minimizing Tax Liability through Strategic Everyday Business Decisions

The Florida Restaurant Show focuses on serving a refocused restaurant and foodservice industry. Keep your customers happy and your bottom line healthy with foodservice and restaurant strategies from our educational program, the latest foodservice products and equipment from restaurant suppliers. ...

09/17/2026

Year-end payroll is more than paperwork — it’s accuracy, compliance, and employee trust. Our latest blog breaks down how the One Big Beautiful Bill Act (OBBBA) could change W-2 reporting and what payroll teams should review now to avoid surprises. Read the full guide: https://wix.to/ArcjeIg

Key tips: audit payroll codes, confirm benefit reporting, and update year-end checklists.



https://www.taxplanning.com/single-post/year-end-w-2-review-what-obbba-changes-mean-for-your-reporting

Year-end payroll is never just a form-filing exercise. The W-2 tells a story about wages, taxes, benefits, deductions, and other items employees expect to see reported accurately. With the One Big Beautiful Bill Act (OBBBA) introducing changes that may affect reporting, employers and payroll teams s...

09/16/2026

✨ CLOSING! 🥂

We are excited to announce the successful closing of a real estate 1031 Exchange transaction valued at $2,200,000.00. This milestone reflects our dedication to providing a smooth and efficient process for our clients.

We sincerely appreciate your trust in our team throughout this journey. We look forward to exploring new opportunities and fostering continued growth in the future. Thank you for partnering with us during this significant transaction!

09/15/2026

Stop treating accounting as just a look-back exercise. Strategic financial planning turns accurate books into real growth, resilience, and competitive advantage. Read our latest post to discover actionable steps you can take now to move from reactive bookkeeping to proactive financial strategy. https://wix.to/GhkTiyo

When running a business, it is easy to get caught up in the day-to-day hustle—managing operations, serving clients, and keeping cash flow moving. However, many business owners mistake mere financial tracking for comprehensive financial strategy. Accurate books and tax compliance are essential base...

09/09/2026

Reminder: September 15, 2026 is the third-quarter estimated tax payment deadline for many pass-through entities. Partnerships and LLCs taxed as partnerships (Form 1065) and S corporations (Form 1120-S) may need to make payments now to avoid penalties. Read our quick guide to see who should pay and how to prepare. https://wix.to/0zJ6rBO

September 15, 2026, is an important tax deadline for many pass-through businesses. Partnerships and limited liability companies taxed as partnerships generally use Form 1065, while S corporations file Form 1120-S. Although these returns are typically filed after the end of the tax year, the Septembe...

09/03/2026

2026 Texas Association of Business Brokers: TABB Conference

Friday, September 18, 2026
10:30–11:30 AM

Breakout Session 1: Workshop A – Deal Structures
Presenter: Roman Basi

When someone decides to sell their business, taxes are often the first consideration. Regardless of whether you are selling your company for $100,000 or $100 million, the most crucial aspect of the transaction is determining how much cash will ultimately end up in the seller’s pocket. Fortunately, there are various ways to structure a transaction to defer gains or even eliminate them entirely. In this session, Roman Basi, CPA and Attorney, will explore the world of deal structuring in mergers and acquisitions.

09/03/2026

Small business owners: Are you ready for the Corporate Transparency Act updates in 2026? Our latest blog breaks down what beneficial ownership reporting means for your company, who must report, and practical steps to stay compliant. Read the full guide and protect your business from penalties and surprises. https://wix.to/N7K5abA

Navigating federal compliance as a small business owner often feels like moving a target that never stays still. While most entrepreneurs are familiar with annual tax filings, state reports, and local licensing, the Corporate Transparency Act (CTA) introduced a fundamental shift in how small entitie...

09/02/2026

https://youtu.be/1icGB9f7r1Q?si=fPSBJhf4_Wrgw8GL

The price at which you sell your business is not the amount you actually take home!

Attorney and CPA Roman Basi explains how to save on taxes when selling a business. He covers important topics such as personal versus company goodwill, purchase price allocation, depreciation recapture, and the add-backs that buyers typically accept.

The price you sell your business for is NOT what you walk away with...

09/01/2026

Preparing to sell your business? Don't wait until the last minute. Our latest article, Navigating Business Exit Strategies: Maximizing Value and Minimizing Tax Exposure, explains how early planning on corporate structure, financial records, and governance can boost valuation and reduce tax risk. Read actionable guidance for founders and advisors. https://wix.to/H3s2rW1

For most business owners, selling or transitioning a company is the single largest financial event of their lifetime. Yet many founders focus exclusively on driving top-line revenue without preparing their corporate structure, financial records, or governance for the scrutiny of due diligence. Leavi...