News and Updates

Posts about

Business Tax

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...

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...

QBI Deduction: How the OBBBA Improves the Rules

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

What’s the Right Business Entity for Your Gig Work?

If you recently joined the "gig economy," know that you must meet certain tax obligations, just...

Help Wanted: Hiring Family Members for Tax-Saving Results

If you own a small business and have children in high school, technical school or college, you...

7 Tax Breaks for Business Buildings

Businesses are returning to their regular work premises in droves. About 65% of U.S. businesses...

Decoding Your Taxes: A Glossary of Tax Terms You May Need to Know

Navigating the maze of federal taxes can be daunting. Many tax terms are confusing, whether you're...

R&E Capitalization Has Unintended Effect on Small Businesses

The Tax Cuts and Jobs Act (TCJA) brought a significant, albeit delayed, change to the tax treatment...

IRS Targets Partnership Tax-Reduction Tactic

The IRS recently announced the launch of a new multistage regulatory initiative intended to close...

Business Owners: Expiration Date Is Approaching for Certain TCJA Provisions

The Tax Cuts and Jobs Act (TCJA) included many important federal income tax provisions that affect...