tax
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 your 2025 tax return. If you choose…
Normally businesses must furnish certain information returns to workers and submit them to the federal government by January 31. But this year, that date falls on a Saturday. So the deadline…
Cash and noncash donation deductions in 2026 The new year brings changes that affect how taxpayers think about charitable contributions of all kinds. You may have heard that the One…
Most married couples assume they should file joint income tax returns, and, usually, that’s the right choice. But under certain circumstances, filing separate returns may offer benefits. Bear in mind…
Everyone should have an estate plan — including single people with no children. For married couples, the law generally assumes that one spouse will make financial and medical decisions if…
The One Big Beautiful Bill Act (OBBBA), signed into law in July 2025, restored the more favorable pre-2022 limit on business interest expense deductions. That’s good news for many businesses,…
By David B. Falwell, CPA – Tax Manager, and Andrea C. Johnson – Tax Senior The One Big Beautiful Bill Act (OBBBA), signed into law in July 2025, introduced a…
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 lingo, these are called “pass-through”…
Preserving your organization’s tax-exempt status is vital to your financial stability and ability to pursue your mission. Losing that exemption could result in tax liability, fewer donations and lost foundation…
With 2025 in the rearview mirror and the tax filing deadline on the road ahead, it’s a good time for businesses to start gathering information about their deductible expenses for…
A new year brings many new tax-related figures for businesses. Here’s an overview of key figures for 2026. Be aware that exceptions or additional rules or limits may apply. Depreciation-related…
By Sean Clark – Tax Senior, and Jeff McCurry, CPA – Tax Manager Winning money on live television is the kind of story you get to tell for the rest…
By Sarah J. Ferens, CPA – Tax Manager, and Caleb P. Gozé – Tax Staff The One Big Beautiful Bill Act (OBBBA), which was signed into law on July 4, 2025,…
Year-round tax planning generally produces the best results, but there are some steps you can still take in December to lower your 2025 taxes. Here are six to consider: 1.…
Whether you’re selling your business or acquiring another company, the tax consequences can have a major impact on the transaction’s success or failure. So if you’re thinking about a merger…