tax
If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking about selling a property. If it has appreciated significantly, a…
If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing requirements for sole proprietors and independent…
Many modern businesses rely on intangible assets, such as goodwill, trademarks and customer lists. But the IRS doesn’t treat all intangibles the same way. Questions about how these assets are…
Expanded disaster tax relief Two recent tax law changes strengthen relief for taxpayers affected by natural disasters. Beginning in 2026, personal casualty loss deductions are no longer limited to federally…
Significant appreciation in business and investment real estate can create both opportunities and challenges. The tax liability associated with the sale of an appreciated property can make it challenging to…
Families looking for long-term, tax-advantaged ways to help children build wealth now have a new option to consider. The One Big Beautiful Bill Act (OBBBA) introduced Trump Accounts (TAs), a…
Partnerships and limited liability companies (LLCs), particularly start-ups, often lack the financial resources to offer salaries and benefits competitive with those of larger, established enterprises. One option to help these…
Receiving a letter from the IRS in the mail can be scary. That reaction is normal, and, paired with confusion, that’s what hackers feed on. Tax-related notices are a common…
Background: The Kwong Decision On November 25, 2025, the United States Court of Federal Claims found in favor of the plaintiff in the case Kwong v. United States, No. 23-267…
Tax identity theft isn’t limited to individual taxpayers — businesses are also targeted through their Employer Identification Numbers (EINs), payroll systems and tax filings. The financial impact of these crimes…
If you run your business as a C corporation, you may be eligible for a potentially significant tax break for qualified small business (QSB) stock. This opportunity has existed for years,…
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 business grows, these rules can apply sooner than…
Companies that engage in research and development activities may qualify for a federal tax credit for some of those expenses. The credit is complicated to calculate, and not all research…
If you operate your business as a C corporation, how you put money into your company and how you take it back out can have a major impact on your…
Business reporting burden eased As a result of a provision in the One Big Beautiful Bill Act, an administrative reporting burden for businesses has been eased. For 2025 and prior…