Tap into the 20% rehabilitation tax credit for business space improvements
If your business occupies a large space and you’re planning to relocate, expand or renovate in the future, consider the potential benefits of the reha...
Milestone moments: How age affects certain tax provisions
They say age is just a number — but in the world of tax law, it’s much more than that. As you move through your life, the IRS treats you differently b...
Handle with care: Upgrading your company’s accounting software
What’s the most important type of software for your business? Your first thought may be whatever system you rely on most to produce or sell your compa...
Is college financial aid taxable? A crash course for families
College can be expensive. According to the College Board, the average sticker price for tuition and fees at private colleges was $43,350 for the 2024–...
DOs and DON’Ts to help protect your business expense deductions
If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...
Agility is key in today’s economy, where uncertainty reigns and businesses must be ready for anything. Highly skilled employees play a huge role in yo...
Business owners can rest easier with sound cash flow management
Slow cash flow is one of the leading causes of insomnia for business owners. Even if sales are strong, a lack of liquidity to pay bills and cover payr...
The One, Big, Beautiful Bill could change the deductibility of R&E expenses
he treatment of research and experimental (R&E) expenses is a high-stakes topic for U.S. businesses, especially small to midsize companies focused on...
Mission and vision statements help businesses rise above the din
Many of today’s businesses operate in a cacophonous marketplace. Everyone is out blasting emails, pushing notifications and proclaiming their presence...
The advantages of a living trust for your estate plan
Do you believe you don’t need to worry about estate planning because of the current federal estate tax exemption ($13.99 million per individual or $27...
Planning a summer business trip? Turn travel into tax deductions
If you or your employees are heading out of town for business this summer, it’s important to understand what travel expenses can be deducted under cur...
