The 2025 SALT deduction cap increase might save you substantial taxes
If you pay more than $10,000 in state and local taxes (SALT), a provision of the One…
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Articles
New Information Return and Payroll Tax Reporting Rules Require Attention
The One Big Beautiful Bill Act (OBBBA) introduced or updated numerous business-related tax provisions. The changes that…
Federal Government Ending Paper Check Payments (and Eventually Check Receipts)Â
Executive Order 14247 – titled Modernizing Payments To and From America’s Bank Account – mandates that the…
Employer-provided meals will face different tax treatment next year
For years, employer-provided meals — such as free lunches, breakroom snacks, and food offered to staff working…
A quiet trust has its benefits, but an incentive trust may be a better option
When it comes to estate planning, one of the more nuanced tools available is a quiet trust (also…
Building a better nonprofit budget
Does your nonprofit start its budget process from scratch each year or do you mostly make simple…
Larger QBI deductions will soon be available to many manufacturers
In a 2024 National Association of Manufacturers (NAM) survey, 93% of respondents who operate as pass-through entities…
Payroll tax implications of new tax breaks on tips and overtime
Before the One Big Beautiful Bill Act (OBBBA), tip income and overtime income were fully taxable for…
Sharing your estate plan’s details with family has pros and cons
When it comes to estate planning, one important decision many people struggle with is whether to share…
4 ways employers can run a more cost-effective retirement plan
Once an organization reaches a certain size, it’s difficult to compete for talent and retain employees without…
The OBBBA resurrects the immediate R&E expense deduction
Under the Tax Cuts and Jobs Act (TCJA), businesses, including manufacturers, have been required since 2022 to…
The ban that never was: What employers should know about noncompetes
Noncompete agreements have long been contentious. Many employers view them as critical safeguards to protecting intellectual property,…
Is a custodial account right for your family?
If you’re considering opening an investment account for your minor child or grandchild to help him or…
IRS releases guidance on changes to R&E expensing
Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research…
Pick a topic — not just any topic — for your nonprofit’s board retreat
If you’re organizing a nonprofit board retreat, you’ll probably want board members to make the most of…
Evaluating marketability when valuing controlling business interests
When investing in a business, the buyer considers how easily the interest can be converted to cash….
9 cash flow tips for construction businesses
With tariffs, interest rates and other factors continuing to drive economic uncertainty, cash flow management should be…
Teachers and others can deduct eligible educator expenses this year — and more next year and beyond
At back-to-school time, much of the focus is on the students returning to the classroom — and…
Training your people managers to avoid compliance mistakes
People managers play a critical role for every employer. Their primary duties generally include keeping employees motivated…
A family business owner needs both an estate plan and a succession plan
For family business owners, an estate plan and a succession plan often work in tandem, ensuring that…
Managing staff rumors about your nonprofit’s financial condition
Funding cuts, donation dips and general economic uncertainty may have you struggling to keep your nonprofit afloat….