State and local tax (SALT) regulations are evolving rapidly, and 2025 promises to bring even more changes that will challenge businesses and their advisors. For business owners, staying ahead of
As we approach the end of the year, it’s time for business owners to take a hard look at their finances and implement strategic tax planning to maximize savings. Understanding
As President-elect Donald Trump prepares for his second term, significant tax policy changes are on the horizon that could impact business owners nationwide. Building upon the 2017 Tax Cuts and
As the Trump administration prepares to take office, business owners should be prepared for potential shifts in tax policy, especially regarding provisions from the 2017 Tax Cuts and Jobs Act
The IRS is at a critical juncture, facing potential funding cuts that could significantly impact its ability to enforce tax compliance, improve taxpayer services, and modernize its technology. Business owners
In a landmark case, TD Bank N.A. (TDBNA), one of the largest banks in the United States, pleaded guilty to violating the Bank Secrecy Act (BSA) and participating in money
As a tax pro, you know your clients are always looking for ways to save more money. While financial advisors often focus on growing wealth, they don’t always consider the
For decades, business owners have utilized Section 1031 of the Internal Revenue Code to defer taxes on the exchange of property used in their trade, business, or held for investment.
As we gear up for the 2024 Presidential election, tax policies proposed by the candidates are front and center. Business owners are especially interested, as these policies could directly impact
Selecting the right business structure is a crucial decision for any entrepreneur or small business owner. Your choice not only affects your liability but also has significant tax implications. Whether