News and Updates

Estate Tax Return Filings Are Essential to Preserving Portability

For 2026, the federal gift and estate tax exemption is $15 million. That's effectively $30 million for a married couple, assuming both spouses' exemptions are available. (For 2027 and beyond, the exemption will be adjusted annually for inflation.)

Don’t Say “I Do” Without Reviewing These Tax and Financial Issues

When it comes to taxes, getting married changes more than your filing status. Combining incomes,...

Education Savings and Income Shifting

A lot of families approach college savings the same way they approach retirement planning in their...

Is an F Reorganization Right for Your Corporation?

When approaching a major junction in a company's life cycle—such as implementing a succession plan...

Related Business Entities Must Understand Transfer Pricing Before Crossing Borders

As businesses grow, they may decide to operate in different states or countries using related...

Employee vs. Independent Contractor: Where Businesses Get This Wrong

For many businesses, worker classification doesn’t start as a formal decision. It develops...

5 Potential Tax Breaks for Boat Owners

Do you own a boat that you use for recreation, business or perhaps a little of both? If so, you...

Claiming the QBI Deduction for Rental Real Estate

The One Big Beautiful Bill Act (OBBBA), enacted in 2025, made permanent the federal income tax...

Is Your Business Eligible for Tariff Refunds?

The U.S. Supreme Court recently ruled that certain tariffs imposed under the International...

How to Grow Your Post-Tax Net Worth

There’s a point where increasing income stops being the main lever.

Most business owners hit it at...