1.13.25
Small Business Strategy: A Heavy Vehicle Plus a Home Office Equals Tax Savings
New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year depreciation write-offs. One requirement is you…
1.13.25
The Tax Treatment of Intangible Assets
Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in today’s businesses. The tax treatment of these assets can be complex,…
1.13.25
Married Filing Separately: When It Makes Financial Sense
Filing joint tax returns generally results in the lowest tax bill for married couples. However, there are some circumstances where married couples will pay less…
1.13.25
Answers to Five Key Tax Questions About 2025 Taxes
Right now, you may be more focused on your 2024 tax bill than on planning your tax finances for the new year. However, as you…
1.13.25
Prepare for Resilience With a Business Continuity Plan
Companies without a disaster recovery or business continuity plan need only consider the aftermath of recent hurricanes. News reports estimated property damage last year of…
1.13.25
ESOPs Offer Businesses Tax and Other Benefits
Wouldn’t it be great if your employees worked as if they owned part of the company? An employee stock ownership plan (ESOP) could make that…
1.7.25
How Section 1231 Gains and Losses Affect Business Asset Sales
When selling business assets, understanding the tax implications is crucial. One area to focus on is Section 1231 of the Internal Revenue Code, which governs…
12.12.24
Business Alert: BOI Reporting Requirements Have Been Suspended for Now
New beneficial ownership information (BOI) reporting requirements that many small businesses were required to comply with by January 1, 2025, have been suspended nationwide under…
12.9.24
What Local Transportation Costs Can Your Business Deduct?
Understanding how to deduct transportation costs could significantly reduce the tax burden on your small business. You and your employees likely incur various local transportation…
12.6.24
Artificial Intelligence (AI) & Occupational Fraud
The ever-growing use and rapid advancement of artificial intelligence (AI) presents numerous opportunities to build efficiencies within the workplace. However, its misuse also raises significant…