Set Up a SEP Retirement Plan and Reduce Your 2025 Taxes
If you own a business or are self-employed and haven’t already set up a tax-advantaged retirement plan, consider establishing one before you file ...
New Depreciation Rules for Hospitality
If you own a restaurant, bar, food truck, or entertainment venue, the One Big Beautiful Bill Act (OBBBA) just handed you one of the most significant ...
Tax Credits Every Restaurant Owner Should Know
Running a restaurant means managing tight margins, rising labor costs, and constant operational pressure. The good news? Several federal tax credits ...
Pass Through Entities: Key Filing Deadlines and Updates
Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes or an S corporation? In tax ...
Significant Changes to Information Reporting Begin in 2026
If your business has employees or uses independent contractors, you have associated annual information reporting obligations. The One Big Beautiful ...
New Law Eases the Limitation on Business Interest Expense Deductions
Interest paid or accrued by a business is generally deductible for federal tax purposes. But limitations apply. Now, some changes under the One Big ...
Reduce Your 2025 Tax Bill with Year-End Planning
The One Big Beautiful Bill Act (OBBBA) shifts the landscape for year-end tax planning. The law has significant implications for some of the most ...
Business Gifts: What You Can Deduct and How to Stay Compliant
Thoughtful business gifts are a great way to show appreciation to customers and employees. They can also deliver tax benefits when handled correctly. ...
Year-End Tax Planning Tips for Accrual-Basis Businesses
Projecting your business’s income for this year and next can allow you to time income and deductible expenses to your tax advantage. It’s generally ...