What the new tax law could mean for you

Tuesday, September 09, 2025
As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire at the end of the year. That changed on July...... Read More

The new law includes favorable changes for depreciating eligible assets

Monday, September 08, 2025
The One Big Beautiful Bill Act (OBBBA) includes a number of beneficial changes that will help small business taxpayers. Perhaps the biggest and best changes are liberalized rules for depreciating...... Read More

Act soon: The OBBBA ends clean energy tax breaks

Tuesday, September 02, 2025
The newly enacted One, Big, Beautiful Bill Act (OBBBA) represents a major move by President Trump and congressional Republicans to roll back a number of clean energy tax incentives originally...... Read More

Significant business tax provisions in the One, Big, Beautiful Bill Act

Monday, September 01, 2025
The One, Big, Beautiful Bill Act (OBBBA) was signed into law on July 4. The new law includes a number of favorable changes that will affect small business taxpayers, and...... Read More

The next estimated tax payment deadline is coming up soon

Tuesday, August 26, 2025
If you make quarterly estimated tax payments, the amount you owe may be affected by the One Big Beautiful Bill Act (OBBBA). The law, which was enacted on July 4, 2025, introduces...... Read More

Tap into the 20% rehabilitation tax credit for business space improvements

Monday, August 25, 2025
If your business occupies a large space and you’re planning to relocate, expand or renovate in the future, consider the potential benefits of the rehabilitation tax credit. This could be...... Read More

Milestone moments: How age affects certain tax provisions

Tuesday, August 19, 2025
They say age is just a number — but in the world of tax law, it’s much more than that. As you move through your life, the IRS treats you...... Read More

Startup costs and taxes: What you need to know before filing

Monday, August 18, 2025
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...... Read More

Is college financial aid taxable? A crash course for families

Tuesday, August 12, 2025
College can be expensive. According to the College Board, the average sticker price for tuition and fees at private colleges was $43,350 for the 2024–2025 school year. The average cost...... Read More

DOs and DON’Ts to help protect your business expense deductions

Monday, August 11, 2025
If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete documentation or try to create records months...... Read More