by Admin | Oct 30, 2025 | Business Taxes, Entrepreneurial
You’ve lost money — now you’re wondering if you can at least get a tax break for it. You believed in your business. You invested in an S-corporation — maybe as a founder, maybe as an early investor — and now things have gone south. The company’s struggling, cash is...
by Admin | Oct 13, 2025 | Business Taxes, Individual Taxes
The IRS has updated its contingency lapse plan, detailing how operations will proceed past the first five days of the federal government shutdown. The plan, which took effect on Oct. 8, 2025, outlines which functions will continue, which will pause and how employees...
by Admin | Sep 3, 2025 | Business Taxes, Tax Planning
So you built something real. A business. A legacy. A family-run thing that’s weathered recessions, pandemics, and probably more sleepless nights than you care to count. Maybe it’s a restaurant. A dental practice. A small farm.Maybe it’s a consulting firm that started...
by Admin | Aug 25, 2025 | Business Taxes, Retirement
The reinstatement of bonus depreciation is a critical component of recent U.S. tax legislation aimed at fostering economic growth. The 2017 Tax Cuts and Jobs Act (TCJA) had already put significant emphasis on bonus depreciation, but its permanent reinstatement under...
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...