There's still time for small businesses and their owners to implement strategies to save taxes for 2025. Traditional strategies continue to be valuable, but the One Big Beautiful Bill Act (OBBBA) includes several changes that also can help lower 2025 federal income tax obligations for small businesses and their owners. Consider these six year-end tax planning tips.
Significantly fewer taxpayers have owed the alternative minimum tax (AMT) for the last several...
Section 529 plans are most commonly used as a tax-favored way to save and pay for college expenses....
The recently enacted One Big Beautiful Bill Act (OBBBA) marks a significant step by President Trump...
For the first half of 2025, individual taxpayers faced an uncertain tax situation because many...
There are important changes affecting Pennsylvania business entities and foreign entities...
With property values soaring in many beach, mountain and other destinations, some vacation home...
The issue of individual taxpayers deducting bad debt losses has historically been a source of...
Many U.S. businesses filed for bankruptcy last year. Through the end of the third quarter of 2024...
The IRS has issued repeated warnings over the past year about inaccurate advice and outright scams...