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.
Read more
child

Who Claims the Kids When Parents Divorce?

Divorce or separation doesn't just lead to emotional and familial upheaval; it also introduces complexities in financial matters, particularly when children are involved.
Read more
New 2025 Overtime Tax Deduction: What Workers Need to Know Under the OBBBA cover

New 2025 Overtime Tax Deduction: What Workers Need to Know Under the OBBBA

The recent passage of the One Big Beautiful Bill Act (OBBBA) marks a significant shift in the tax landscape, bringing with it a range of changes aimed at easing the financial burden on American workers.
Read more
Tax

Is Your Business Overpaying Taxes? 3 Mid-Year Moves That Could Lower Your 2025 Bill

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.
Read more
Married, Successful, and Overpaying? Tax Planning Strategies for High-Income Dual-Income Households cover

Married, Successful, and Overpaying? Tax Planning Strategies for High-Income Dual-Income Households

You both worked hard. You both climbed your career ladders. And now you’re living in that post-promotion, post-bonus, equity-vesting glow. Until tax season slaps you with a surprise. And suddenly, you’re asking the same question we hear every year: “How are we making this much… and still writing a five-figure check to the IRS?”
Read more
retirement

Retired, Relaxed… and Overpaying Taxes? Here's How to Keep More of Your Money

Retirement used to mean “done with the IRS.” But today? Retirement is less about working—and more about managing withdrawals, timing income, and avoiding expensive tax mistakes.
Read more
Penalty Abatement

Navigating IRS Penalty Abatement

For taxpayers facing IRS penalties, understanding the pathways to request penalty abatement can provide relief both financially and emotionally. From reasonable cause abatement to First-Time Abatement (FTA), this article explores these options, detailing the qualifications, processes, and considerations essential for crafting a successful request.
Read more
Intern

Summer Hiring? Here’s How to Handle Seasonal Workers, Interns, and Payroll Compliance Without the Headache

Hiring an intern for the summer? That’s exciting—until the IRS gets involved. While onboarding interns or part-time help sounds simple enough, summer hiring is one of the most common ways small business owners get tripped up on payroll, compliance, and classification.
Read more