News and Updates

Smart Tax Planning Pays Off

If you're financially successful or expect to become so, taxes are or will become one of your biggest expenses—and most people want to minimize their tax obligations. Roughly two-thirds of Americans say that they pay too much in federal income taxes, according to a poll earlier this year from the University of Chicago Harris School of Public Policy and The Associated Press-NORC Center for Public Affairs Research. About 69% feel the same about local property taxes, and 62% say the same about state sales tax. Less than 20% want to pay higher taxes for more government services.

Small Business Alert: Bankruptcy Debt Limits Soon Could Drop

Market uncertainties are causing some small businesses to struggle. If you're among them and are...

Fight Internal Fraud With 8 Precautions

When you read in the paper that a "trusted employee" has been charged with embezzlement, it can be...

Evaluating a Business Valuation Report

Anyone with a little business and financial knowledge can do a quick calculation using an industry...

DOL Expands Overtime to Millions of Workers

In April 2024, the U.S. Department of Labor (DOL) issued a new final rule that's slated to expand...

New FTC Final Rule Bans Most Noncompete Agreements

Using a noncompete agreement or a noncompete clause in an employment contract has been a standard...

How Your Nonprofit Can Use AI Effectively

Artificial intelligence (AI), which enables machines to simulate human thought processes, is...

Close-Up on Pass-Through Entity Tax Laws

At the start of 2024, three dozen states and New York City already had pass-through entity taxes...

Tax Credit Cuts Price of Home Energy Audits

Homeowners have long been rewardedwith favorable tax treatment for making energy-efficient...

Updated Guidance on Business Vehicle Depreciation

The rules for deducting depreciation expenses on vehicles used for business purposes have been...