News and Updates

Why You May Want to Rethink Your Deduction Strategy in 2025

As we approach the end of 2025, it's time to evaluate your year-end tax planning strategies. One important decision is whether you'll claim the standard deduction or itemize deductions. Thanks to recent changes under the One Big Beautiful Bill Act (OBBBA), this choice carries new weight and can significantly impact your year-end strategies.

QBI Deduction: How the OBBBA Improves the Rules

Many owners of pass-through businesses and self-employed individuals have taken advantage of the...

IRS to Eliminate Paper Checks: What It Means for Taxpayers

A significant shift is underway in how the federal government will deliver some tax refunds and...

3 New Tax Breaks for Individuals

The One Big Beautiful Bill Act (OBBBA) introduces three potentially valuable tax breaks for...

Favorable Business Depreciation Tax Changes under New Law

There's good news for businesses considering buying equipment and other capital assets: The One Big...

The OBBBA Eliminates Clean Energy Tax Incentives

The recently enacted One Big Beautiful Bill Act (OBBBA) marks a significant step by President Trump...

Reconsider Your Home Sale: 4 Tax-Smart Options When the Market Stalls

Are you ready to move and want to sell your home, but you're worried about a slowing real estate...

7 Breaks for Families under the New Tax Law

The One, Big, Beautiful Bill Act (OBBBA), which was enacted on July 4, generally extends and...

Tax and Financial Pointers When Retirement Is on the Horizon

Retiring soon is an exciting milestone and a time filled with important financial decisions....

How to Properly Report Your Company’s COGS

Do you own a business that manufactures or sells physical goods? For these businesses, accurate...