News and Updates

Update on Luxury Auto Depreciation Deductions for Businesses

Federal income tax deductions for taxpayers who use passenger autos more than 50% for business were...

Inflation Boosts Federal Gift and Estate Tax Breaks

Inflation is generally bad news. But a favorable side effect is bigger annual inflation adjustments...

Best Practices in Employee Performance Reviews

It's time for calendar year entities to engage in midyear employee performance reviews. Love them...

Is Holding Real Property in a Corporation a Good Idea or a Bad Idea?

Real estate can be an attractive long-term business investment. For tax reasons, you're generally...

Think Outside the Box to Find Qualified Workers

The COVID pandemic significantly disrupted the labor force. In 2021, more than 47 million U.S....

Top 10 Tax Breaks for Military Service Members

Active duty service members, veterans and their families deserve our gratitude for their sacrifices...

Cutting the Kiddie Tax Down to Size

Despite its name, the "kiddie tax" is anything but child's play. If you're not careful, this...

Address Digital Assets in Your Estate Plan

Today, almost everyone owns some sort of digital asset—and some of these assets can be quite...

Are Your Social Security Benefits Taxable?

Many retirees have seen their Social Security benefits increase in 2023 due to a cost-of-living...

Estimating the Value of Your Business Today

Proactive business owners always have an eye on the future. And part of that preparedness means...