Manufacturers are facing uncertainty on a variety of fronts. Rapidly shifting tariff policies, supply chain disruptions, fluctuating demand and rising raw material costs are likely…
The Tax Cuts and Jobs Act (TCJA) significantly limited the types of theft losses that are deductible on federal income tax returns. However, a recent…
General contractors now face two primary challenges: 1) recover from project shutdowns and slowdowns caused by the pandemic and 2) capitalize on what could be…
The treatment of research and experimental (R&E) expenses is a high-stakes topic for U.S. businesses, especially small to midsize companies focused on innovation. As the…
A bill in Congress — dubbed The One, Big, Beautiful Bill — could significantly reshape several federal business tax breaks. While the proposed legislation is…
It may not be as fun to plan as the wedding venue, invitations and attire, but marriage can result in changes affecting essential tax issues…
If you’re thinking about helping a child or grandchild pay for school, you’re not alone — and you’re not without help. While families have always…
Ever since you became a business owner, you’ve focused on growing revenue, managing expenses and leveraging tax advantages. But don’t overlook a critical element of…
The accounting method your business uses to report income for tax purposes — cash or accrual — can significantly impact your tax bill. While the…
The U.S. House of Representatives passed its sweeping tax and spending bill, dubbed The One Big Beautiful Bill Act (OBBBA), by a vote of 215…