8.14.25
The Quirky Math of Partnership Income
When it comes to taxation, partners in a business may find the math a bit puzzling. You may discover that the amount of partnership income…
8.14.25
Should You Be Making Estimated Payments?
If your federal tax withholding isn’t enough to cover your total tax liability, you may need to make estimated tax payments. This typically applies if…
8.4.25
The New Law Includes a Game-Changer for Business Payment Reporting
The One, Big Beautiful Bill Act (OBBBA) contains a major overhaul to an outdated IRS requirement. Beginning with payments made in 2026, the new law…
8.4.25
Practical Ways to Maintain Tax-Exempt Status for Hospitals
When hospitals operate as nonprofit organizations, they may qualify for tax exemption under Section 501(c)(3) of the Internal Revenue Code. However, in order to qualify…
8.4.25
Operational Efficiency in Healthcare: Challenges and Best Practices
Today, operational efficiency remains a critical aspect of any healthcare facility’s long-term success. When processes and systems are streamlined, it is possible to provide the…
8.4.25
The OBBB and Its Potential Impacts on Healthcare, Medicaid and Life Sciences
With the signing of the One Big Beautiful Bill (OBBB) into law by the Trump Administration, sweeping legislative changes are now officially in motion, impacting…
7.31.25
How the ‘One Big Beautiful Bill’ Will Affect Your Tax Returns This Year
When President Trump began his second term in January 2025, he made it clear that one of his top legislative priorities was passing a comprehensive…
7.28.25
The QBI Deduction and What’s New in the One Big Beautiful Bill Act
The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners. It allows eligible taxpayers to…
7.21.25
Managing Indirect Costs in the Construction Industry
The construction industry operates under complex cost structures, making it essential to accurately allocate indirect costs to ensure profitability and accurate project management. Unlike direct costs,…
7.21.25
Manufacturing Trifecta: Basic Management Issues
As manufacturers navigate economic uncertainty, global competition and rapid technological advancement, many are rethinking how they manage the fundamentals. While digital transformation and smart factories…