Businesses should carefully contemplate their cybersecurity budgets
Is your company spending enough on cybersecurity? Unfortunately, it’s a question every business owner must contemplate carefully these days. The 2025...
You likely have a lot of things to do between now and the end of the year, such as holiday shopping, donating to your favorite charities and planning...
New law eases the limitation on business interest expense deductions for 2025 and beyond
Interest paid or accrued by a business is generally deductible for federal tax purposes. But limitations apply. Now some changes under the One Big Bea...
Just because it’s December doesn’t mean it’s too late to reduce your 2025 tax liability. Consider implementing one or more of these year-end tax-savin...
Year-round tax planning generally produces the best results, but there are some steps you can still take in December to lower your 2025 taxes. Here ar...
Whether you’re selling your business or acquiring another company, the tax consequences can have a major impact on the transaction’s success or failur...
Businesses that sponsor a 401(k) must stay on top of it
If your business sponsors a 401(k) plan for employees, you know it’s a lot to manage. But manage it you must: Under the Employee Retirement Income Sec...
New itemized deduction limitation will affect high-income individuals next year
Beginning in 2026, taxpayers in the top federal income tax bracket will see their itemized deductions reduced. If you’re at risk, there are steps you...
New deduction for QPP can save significant taxes for manufacturers and similar businesses
The One Big Beautiful Bill Act (OBBBA) allows 100% first-year depreciation for nonresidential real estate that’s classified as qualified production pr...
Productivity metrics can help business owners see reality
As a business owner, your eyes may tell you that your employees are working hard. But discerning whether their efforts are truly contributing to the b...
Shift income to take advantage of the 0% long-term capital gains rate
Are you thinking about making financial gifts to loved ones? Would you also like to reduce your capital gains tax? If so, consider giving appreciated...
Businesses should review their key payroll tax responsibilities
As a business owner, you know that running payroll involves much more than just compensating employees. Every paycheck represents a complex web of tax...
