by Admin | Jul 22, 2025 | Business Taxes, Individual Taxes, Tax Planning
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBBA), a reconciliation package that includes a broad array of tax provisions affecting individuals, businesses and international taxpayers. We want to highlight the key provisions and...
by Admin | Jul 16, 2025 | Business Taxes, Individual Taxes
You’ve probably seen the headlines: “IRS funding slashed.” “Audit rates down.” “Staffing cuts.” If you’re a business owner, investor, or part of a high-earning household, you may be thinking: Finally, some breathing room. But here’s the reality:The IRS...
by Admin | Jul 16, 2025 | Business Taxes, Individual Taxes, Tax Planning
As we approach the closing chapters of the Tax Cuts and Jobs Act (TCJA), implemented during President Trump’s first term, taxpayers find themselves at a crossroads. With many of the TCJA’s provisions set to expire after 2025, the introduction of the One...
by Admin | Jul 14, 2025 | Business Taxes, Entrepreneurial
You know that moment in April when you look at your tax bill and think:“We could’ve done something about this… if we’d only planned earlier.” Well, this is earlier. And if you’re a business owner who’s having a good year so far (or even just a...
by Admin | Jun 12, 2025 | Business Taxes, Tax Planning
Self-employment tax plays a crucial role in the life of every entrepreneur, freelancer, and business owner. Understanding this tax is essential for anyone who makes their living other than as an employee. In this article, we will delve into the components of...
by Admin | May 28, 2025 | Business Taxes, Entrepreneurial, Tax Planning
In the intricate world of business accounting and taxation, the ability to strategically deduct expenses can significantly impact a company’s financial health and tax liabilities. Businesses, regardless of size or industry, continuously seek methods to optimize...