IRS tax planning
The recent endorsement of an IRS-affiliated union by Vice President Kamala Harris has caused quite a stir, with critics expressing concerns about potential tax increases
December 12, 2024
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Category: Tax Law Updates
Business Tax Benefits
As we head into 2025, one topic gaining significant bipartisan support is the restoration of the immediate expensing for research and development (R&D) costs. For
December 9, 2024
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Business Tax Incentives
The Social Security Administration (SSA) has announced a significant change for 2025: the maximum earnings subject to Social Security (OASDI) tax will rise from $168,600
December 9, 2024
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Business Tax Benefits
As a business owner, financial setbacks can sometimes lead to more deductions than income. While it may seem like a straightforward benefit to offset losses,
November 26, 2024
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Identity Theft
The theft and unauthorized release of tax data is an ongoing issue that affects businesses and individuals alike. With high-profile cases like that of Charles
November 12, 2024
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Business Tax Benefits
As Donald Trump prepares for his presidential term in 2025, his tax policies and priorities are already a hot topic, particularly for business owners navigating
November 12, 2024
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IRS tax planning
As Donald Trump prepares to return to the White House, his administration’s tax policy direction is a topic of keen interest for business owners. With
November 7, 2024
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Business Tax Benefits
As we approach another election year, a familiar pattern emerges—clients are beginning to worry. The prospect of Kamala Harris and Donald Trump potentially facing off
October 30, 2024
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Business Tax Benefits
As we approach 2024, understanding the gift tax rules is essential for business owners who are planning to make gifts to employees, family members, or
October 28, 2024
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Business
The Corporate Transparency Act (CTA), which takes effect on January 1, 2024, will have significant implications for business owners. Its main goal is to promote
October 28, 2024
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