10.13.25
How Financial Statements Unlock Business Value
As calendar-year entities start work on their year-end financials, it’s important to remember that financial reporting is about more than compliance. Financial statements also help…
10.10.25
The Deductibility of Medical Expenses
Depending on your situation, you may be able to claim certain medical expenses as deductions on your tax return. However, you must itemize deductions, and…
10.10.25
Family Businesses Must Beware of Fraud
A large percentage of companies in the United States are family businesses, and they produce much of the country’s gross domestic product. Many are majority…
10.10.25
Two Big Wins for Business in the New Tax Law
The One Big Beautiful Bill Act (OBBBA) introduces a range of tax changes that will impact businesses. Many provisions set to expire this year are…
10.10.25
Enhanced Salt Tax Break Will Help Many Homeowners
The One Big Beautiful Bill Act (OBBBA), enacted on July 4, will allow more taxpayers to fully deduct their state and local tax (SALT) expenses…
10.6.25
The 2025–2026 “High-Low” per Diem Business Travel Rates Are Here
If you have employees who travel for business, you know how frustrating it can be to manage reimbursements and the accompanying receipts for meals, hotels…
9.30.25
Tariffs and Their Impact on Inventory Accounting
Today, increased tariff costs are an unfortunate reality for many businesses. As companies must pay higher tariffs on goods and materials imported from certain countries,…
9.30.25
Seven Ways To Protect Your Manufacturing Company From Attacks
Ransomware has emerged as one of the most disruptive cyber threats currently facing the manufacturing sector. Unlike most other industries, manufacturers rely heavily on continuous…
9.30.25
New Tax Law Creates an Additional Accelerated Depreciation Opportunity for Eligible Manufacturers
The One Big Beautiful Bill Act (OBBBA) introduces a new — but temporary — tax break for manufacturers. The qualified production property (QPP) allowance gives…
9.30.25
Potential Tax Benefits for Manufacturers Under OBBBA
Businesses across many industries may be affected by the One Big Beautiful Bill Act (OBBBA) — but one industry that may see some of the biggest…