tax advice

Beware of Social Media Tax Advice: The Risks and Consequences

In today’s digital age, social media serves as a hub of information on almost every topic imaginable, from cooking recipes to financial advice, including taxes. However, as accessible as these platforms are, they pose a significant risk when used as a source for tax advice.
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Tax Planning

Year-End Individual Tax Planning Opportunities

Year-end is rapidly approaching, as are the holidays. So, before you become distracted with the seasonal celebrations, it may be in your best interest to consider year-end tax moves that can benefit you for your 2025 tax filing. Here are last-minute tax issues you might consider:
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Cash Flow

​Cash Flow vs. Profit: The Hidden Reason Healthy Businesses Struggle

You finally have a year where sales are up and the books show a profit—yet your bank account feels like it missed the memo. Read more about cash flow versus profit.
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Gifts

Holiday Gifts That Offer Tax Benefits for You and Your Loved Ones

The holiday season is a time of giving, and while the joy of gifting is often its own reward, there are ways to make your generosity even more impactful through strategic tax planning.
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Deduction

A Guide to the Business Pass-Through Deduction

The Section 199A pass-through deduction, also known as the Qualified Business Income (QBI) deduction, offers significant tax savings for eligible business owners. This deduction allows certain individuals to deduct up to 20% of their qualified business income from domestic businesses operated as a sole proprietorship, partnership, S corporation, trust, or estate.
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IRS

IRS Shifts to Paperless Refunds: What This Might Mean for You

In a move set to redefine the refund process, the Internal Revenue Service (IRS), in collaboration with the U.S. Department of Treasury, has announced the gradual phasing out of paper tax refund checks starting September 30, 2025, as mandated by Executive Order 14247.
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A Smarter Way to Read Your Business’s Health: The Balance Sheet Deep Dive cover

A Smarter Way to Read Your Business’s Health: The Balance Sheet Deep Dive

Starting a business is more than revenue and expenses—it's about knowing what you truly own, what you owe, and what your venture is worth. That’s where a balance sheet comes in: a snapshot that tells the story of your business’s financial condition in a single glance.
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Tax Break for Businesses: 100% Bonus Depreciation is Back cover

Tax Break for Businesses: 100% Bonus Depreciation is Back

The reinstatement of bonus depreciation is a critical component of recent U.S. tax legislation aimed at fostering economic growth.
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