9.25.25
Set the Example for Ethical Employee Behavior
Fraud doesn’t happen in a vacuum. It thrives in environments where cutting corners, bending rules or looking the other way has become the norm. While…
9.22.25
Tax Court Case Provides Lessons on Best Recordkeeping Practices for Businesses
Running a successful business requires more than delivering great products or services. Behind the scenes, meticulous recordkeeping plays a crucial role in financial health, compliance…
9.15.25
Receive $10,000 in Cash at Your Business? The IRS Wants To Know About It
Does your business receive large amounts of cash or cash equivalents? If so, you’re generally required to report these transactions to the IRS — and…
9.12.25
New Rules Could Boost Your R&E Tax Savings in 2025
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act (OBBBA)…
9.10.25
Seniors May Be Eligible for a New Deduction
Older Americans weren’t forgotten in the One Big Beautiful Bill Act. For 2025 through 2028, individuals age 65 and older may be able to claim…
9.10.25
Three Family-Friendly Tax Benefits in the One Big Beautiful Bill Act
The One Big Beautiful Bill Act (OBBBA) brings a wide range of tax changes, with several key updates designed to support families. Among the many…
9.10.25
The QBI Deduction: Good News for Eligible Business Owners
If you’re a small business owner or you’re self-employed, there’s good news on the tax front. The Section 199A qualified business income (QBI) deduction —…
9.10.25
Before a Weather Emergency Closes Your Business, Make a Plan
It’s hurricane season — just one of several weather emergencies companies may face, depending on location. Tornadoes, floods and wildfires also pose serious threats. According…
9.8.25
Spouse-Run Businesses Face Special Tax Issues
Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues. The Partnership Issue An unincorporated…
8.25.25
Divorcing as a Business Owner? Don’t Let Taxes Derail Your Settlement
Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership interest is often one of…