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 ...
IRS Balance Voicemail Scam: What to Do
Tax season brings out more than just paperwork. Every year, scammers ramp up their activity around the filing deadline, and 2026 is no different. One ...
Don't Rush Your Return. Here's Why Extensions Aren't a Bad Thing.
With April 15th two weeks away, we want to get ahead of a question we hear every year: "Do I really need to file an extension?"
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
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 ...