tax
The U.S. Census Bureau reports there were nearly 447,000 new business applications in May of 2025. The bureau measures this by tracking the number of businesses applying for an Employer…
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The treatment of research and experimental (R&E) expenses is a high-stakes topic for U.S. businesses, especially small to midsize companies focused on innovation. As the tax code currently stands, the…
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A bill in Congress — dubbed The One, Big, Beautiful Bill — could significantly reshape several federal business tax breaks. While the proposed legislation is still under debate, it’s already…
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If you or your employees are heading out of town for business this summer, it’s important to understand what travel expenses can be deducted under current tax law. To qualify,…
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Need employees? This tax credit may help The unemployment rate was 4% in January 2025. The WOTC is available to employers that hire workers from targeted groups who face significant…
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It should surprise no one that we all need an estate plan. A well-crafted plan helps ensure, among other things, that your family will be taken care of per your…
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Most long-time construction business owners reach a point when they start thinking about not only their own retirements but also their families’ financial security. Whether you’re at that point or…
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If you operate a business or are starting a new one, you must keep records of your income and expenses. Specifically, you should carefully record your expenses to claim all…
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Tax returns are due but once a year. However, paying taxes — through withholding from your wages, estimated tax payments, or both — is a year-round activity. That’s why reviewing…
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Under the Internal Revenue Code, “qualified sponsorship payments” to not-for-profits aren’t subject to unrelated business income tax (UBIT). Qualified payments refer to money, property transfers or the performance of services…
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