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…
The IRS recently released the 2026 inflation-adjusted amounts for Health Savings Accounts (HSAs). Employees will be able to save a modest amount more in their…
The U.S. House of Representatives has passed its budget reconciliation bill, dubbed The One, Big, Beautiful Bill. Among other things, the sweeping bill would eliminate…
Proper bookkeeping is the financial backbone of any successful business. Yet for many small business owners, it’s often overlooked until something goes wrong, or a…