Review Your Business Expenses Before Year-End
As 2025 comes to a close, it’s a good time to review your business expenses and identify which costs qualify as deductible. Accelerating deductible ...
Benefits of Catch-Up Retirement Contributions After 50
If you’re age 50 or older, you have a unique opportunity to strengthen your retirement savings through additional “catch-up” contributions to your ...
New Rules Could Boost Your R&E Tax Savings In 2025
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) ...
Employer Requirements Under OBBBA
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduces new federal income tax deductions for eligible employee overtime ...
Breaking Down The Basics: Form 990 FAQs
Form 990 is more than just a tax form; it’s a vital tool for nonprofit transparency and credibility. Whether you’re a new board member or an ...
Educators Can Deduct Costs With Expanded Benefits On The Horizon
With a new school year beginning, not only are parents buying new school supplies, but teachers are as well. As teachers prepare their classrooms, ...
Alternative Minimum Tax: What You Still Need to Know
The alternative minimum tax (AMT) is a separate federal income tax system that bears some resemblance to the regular federal income tax system. The ...
How SALT Deduction Changes Affect Your Tax Planning
The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes (SALT), albeit temporarily. ...
What Businesses Need to Know About the New Depreciation Rules
The "One Big Beautiful Bill Act" (OBBBA) includes several favorable changes for small business taxpayers. Among the most impactful are expanded and ...