Implementing these year-end tax strategies may reduce your 2026 income tax liability.
Read More
Jan. 1 will arrive before you know it. Developing a year-end tax plan for your business that supports both your immediate tax-saving goals and long-term financial objectives is critical. Here are five strategies to jump-start your planning.
Read More
The IRS and U.S. Treasury Department have been issuing temporary regulations for Section 530A accounts (also known as “Trump Accounts”). Here are the specifics.
Read More
The Doug LaMalfa Federal Disaster Tax Relief Certainty Act extends expanded personal deductions for disaster-related losses and exclusions of qualified wildfire relief payments from taxable income. Learn about the details.
Read More
Does your business provide paid family and medical leave (PFML)? Or are you considering it? If so, you need to know about the expanded PFML tax credit for employers and recent IRS guidance clarifying the updated rules.
Read More
The IRS has issued final regulations that provide guidance on the tax deduction for qualified cash tips. Learn what’s new.
Read More
It’s never too early to organize your tax documents.
Read More
Manufacturers and some other businesses may now be eligible to deduct 100% of the cost of qualified production property (QPP). Recently issued IRS guidance provides some clarification on this potentially valuable deduction.
Read More
Reference this tax calendar to learn the 2026 deadlines for various tax-related forms and payments.
Read More
The One Big Beautiful Bill Act introduced Section 530A accounts, also known as “Trump accounts.” The IRS has provided details in recent guidance.
Read More
Allocating time to year-end tax planning now can prove beneficial to your business come tax filing season next year.
Read More
If you’re concerned about your 2025 tax liability, consider these four year-end tax planning strategies.
Read More
Several changes to information return and payroll tax reporting rules go into effect next year. Now is the time to become familiar with them.
Read More
The One Big Beautiful Bill Act permanently allows the deduction of domestic research and experimental (R&E) expenses in the year incurred, starting with the 2025 tax year. The IRS has issued transitional guidance on the change.
Read More
Big changes ahead! The federal government will soon stop issuing paper tax refund and Social Security checks. Here’s what you need to know.
Read More
If you or your business is planning on taking advantage of certain clean energy tax incentives, you’ll need to act much sooner than you anticipated.
Read More
There are a wealth of business-related tax changes in the One, Big, Beautiful Bill Act.
Read More
The One, Big, Beautiful Bill Act is now law. Here’s an overview of its key provisions.
Read More
Through a Chief Counsel Advice memo, the IRS indicates that more fraud victims can claim a theft loss deduction than previously known.
Read More
If your business is affected by the tariffs, consider implementing these tips to mitigate their impacts.
Read More