by Admin | Jan 23, 2026 | Business Taxes, Entrepreneurial
This is one of the most frustrating positions a business owner can be in. The numbers say you’re profitable.Revenue is steady.Clients are paying. And yet, cash feels tight. Sometimes uncomfortably tight. This disconnect isn’t imaginary—and it isn’t uncommon. Many...
by Admin | Jan 21, 2026 | Business Taxes
As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2026 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning on...
by Admin | Jan 15, 2026 | Business Taxes, Individual Taxes
With tax season upon us, taxpayers across the nation are trying to grasp the many tax changes for 2025. Central to these transformations is the One Big Beautiful Bill Act (OBBBA), a comprehensive tax reform. This pivotal legislation introduces a range of changes that...
by Admin | Dec 15, 2025 | Business Taxes
This is our annual reminder that if you use workers other than employees to perform services for your business and pay them $600 or more for 2025, you are required to issue each one a Form 1099-NEC after the end of the year to avoid facing penalties and the potential...
by Admin | Dec 11, 2025 | Business Taxes
It is common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a fair market value so low that it is impractical and unreasonable to account for it, the gift’s value would be treated as a de minimis...
by Admin | Nov 24, 2025 | Business Taxes
Inflation isn’t gone—it’s just quieter. Around 3% feels tame compared to the chaos of the past few years, but that doesn’t mean it’s harmless. For most business owners, small shifts in pricing, payroll, and supply costs have become the new normal—slow, steady pressure...
