News and Updates

The Tax Impact of a Home Sale in Divorce

Home sales often occur during or shortly after a divorce. With real estate values still at or near...

Tax Prep Tips ... Straight From the IRS

It's officially tax season. As you prepare your 2025 return, you can turn to many resources for...

Maximizing Rental Deductions & Tax Strategies for Property Owners

If you own rental property, understanding how rental income is taxed—and what deductions are...

Cash Flow Planning Using Your Corporation or LLC: What Business Owners Should Really Know

Cash flow planning isn’t about spreadsheets for the sake of spreadsheets. It’s about clarity. It’s...

Take Advantage of SIMPLE-IRA Catch-Up Contributions

If you participate in a SIMPLE-IRA and are age 50 or older, you can make so-called catch-up...

Update on the First-Year Depreciation Tax Rules for Businesses

The One Big Beautiful Bill Act (OBBBA) included favorable changes to the federal income tax rules...

Deducting Business Meal and Entertainment Expenses Today

Do you know the current rules for claiming tax deductions for business meals and entertainment?...

Hit the Breaks: 2026 Tax Write-Offs for Business Driving

At the end of last year, the IRS announced its annualinflation adjustments to the optional standard...

Spousal IRAs Offer Retroactive Tax-Saving Opportunity

Not all married couples earn dual incomes. For example, during thecourse of a marriage, one spouse...

2026 Charitable Deduction Rules: Obstacles and Opportunities

Do you regularly donate to charity? In the past, you may have derived generous tax benefits for...