ACA penalties are climbing in 2026. Is your reporting ready?

Many small businesses don’t have enough employees to worry about the play-or-pay provisions of the Affordable Care Act (ACA). However, as your ...

Material Participation: What LLP and LLC Owners Need to Know

The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited liability partnership (LLP) or ...

Is December 31 the Wrong Year End for Your Business?

Most businesses close their books for tax and accounting purposes on December 31 because it aligns with the calendar year. But a calendar year isn’t ...

2026 Tax Changes You Should Already Be Planning For

The many tax-related provisions that went into effect last year after the One Big Beautiful Bill Act (OBBBA) was signed into law are affecting 2025 ...

A Major Tax Break for Businesses That Build

Missed the March 20 Deadline? Your Return Is Likely Being Extended.

As we approach April 15, we want to make sure every client understands where things stand and what to expect next.

AI Tools for Small Business Bookkeeping

Many time-consuming accounting and bookkeeping tasks, from coding transactions to analyzing financials, can now be handled faster and more ...

Accounting Missteps That Trip Up New Businesses

Launching a start-up comes with no shortage of big decisions and fast-moving priorities. In the rush to grow, financial fundamentals can sometimes ...

Maximize Depreciation Deductions on Your 2025 Tax Return

The deadlines for filing 2025 tax returns (or extensions) are fast approaching. Although most tax planning moves must be completed by December 31 of ...