Capitalizing Versus Expensing Research and Development
Understanding Depreciation Recapture
The Big Beautiful Bill, Rolling Back Public Television and Radio, and Regulating the Cryptocurrency Industry
How to Account for Debit Notes
Dissecting Working Capital
6 Reasons for Mid-Year Tax Planning
Right smack dab in the middle of summer might seem like the worst time to think about your taxes, but it’s actually the perfect time. Here’s what taking a pause in July allows you to do. Get Organized Do you have all your receipts? Are your records up to date? […]
One Big Beautiful Bill Act: Part 2 – What the New Tax Law Means for Your Business
Part 2 In this second part of our two-part series on the One Big Beautiful Bill Act (OBBBA), we examine the legislation’s impact on businesses, trusts, and estates. In addition, we will look at its overall economic impact. Estate Tax Changes The federal estate tax exemption receives a significant boost […]
One Big Beautiful Bill Act: Part 1 – What the New Tax Law Means for You
Part 1 The One Big Beautiful Bill Act (OBBBA) passed the House on July 3 and was signed into law by President Trump. This comprehensive legislation makes several expiring tax cuts from the 2017 Tax Cuts and Jobs Act permanent while at the same time introducing several temporary provisions through […]