Asset sale vs. stock sale: what business owners need to know before selling
03/24/2025
Deciding to sell your business? Navigate the complexities of asset sales versus stock sales with our comprehensive guide. Discover how each structure impacts taxes, liabilities, and proceeds to make informed […]
Accounting News
Estate planning in 2025: What you can do now
03/18/2025
Estate planning strategies for uncertainty. Proactively build flexibility into your plans. Secure your legacy amidst tax changes. Learn how now. […]
Accounting News
5 Reasons why people choose C corporations
03/17/2025
Curious whether a C corporation could be the right fit for your business? In just a few minutes, you’ll learn five key reasons founders choose the C corporation structure. Find […]
Accounting News
Tax implications of property upgrades: repairs vs. improvements
03/10/2025
Navigating the fine line between repairs and improvements on your property can significantly impact your tax liabilities. Discover how the IRS classifies these expenses, explore key safe harbors, and learn […]
Accounting News
The standard business mileage rate has increased for 2025
02/24/2025
Important news for businesses that rely on travel: the standard business mileage rate for 2025 has increased. Discover how this change affects your business’s bottom line in our recent article. […]
Accounting News
Mitigating liability as a 401(k) plan sponsor: your role as a fiduciary
02/17/2025
Offering a 401(k) plan to your employees is not just a perk—it’s a significant fiduciary responsibility under ERISA that requires careful oversight and compliance to shield both the plan and […]
Accounting News
Maximize your QBI deduction with thoughtful planning
02/6/2025
Discover key strategies to maximize your Qualified Business Income (QBI) deduction before it potentially expires in 2025. Learn how to navigate phaseouts, entity structures, and more to enhance your tax […]
Accounting News
2025 Federal Payroll Tax Changes
02/3/2025
Stay updated with our comprehensive review of the 2025 federal payroll tax changes. […]
Accounting News
New IRS guidance on tax treatment of state paid leave programs
01/23/2025
IRS offers clarification of tax treatment and reporting requirements for state paid family and medical leave programs in Rev. Rul. 2025-4. […]
Accounting News
Key conversations to have with your CPA
01/15/2025
Whether managing personal finances or running a business, this article provides essential questions to ask your CPA for informed decision-making. Discuss everything from tax planning to retirement and succession planning. […]
Accounting News
Don’t fall for tax clickbait: how to spot dubious financial advice online
01/8/2025
Think you can spot misleading tax advice online? You might be surprised. Discover how even savvy individuals can fall prey to dubious claims and learn the red flags to watch […]
Accounting News
Decoding income definitions: AGI, MAGI, and taxable income explained
01/1/2025
Navigating the U.S. tax system can be complex, particularly when understanding critical concepts like Adjusted Gross Income (AGI), Modified Adjusted Gross Income (MAGI), and Taxable Income. These definitions impact your […]
