Cross-functional teams can boost collaboration — and sales
“Cross-functional” sales teams that collaborate with other departments often perform more effectively than siloed ones. By providing feedback and supp...
Don’t miss your opportunity to make a 2025 IRA contribution — whether you can deduct it or not
Generally, each year you can contribute up to the annual limit to a traditional or Roth IRA (or a combination of the two). But once the contribution d...
Why you might want to build a wall between your business and its real estate
Does your business own its real estate in a separate holding company, such as a limited liability company (LLC) or limited partnership? This practice...
Indiana Adopts No Tax on Tips, Overtime Only for 2026 Tax Year
Eligible Hoosiers whose earnings this year include gratuities or overtime will not be required to pay state or county income tax on the money when the...
IRS Gives Taxpayers a More Streamlined Way to Report Tax Fraud and Scams
A new web page on IRS.gov consolidates multiple IRS fraud-reporting options into a single, centralized location, making it easier for taxpayers to rep...
It’s your last chance to claim these clean energy tax breaks
Last year’s One Big Beautiful Bill Act (OBBBA) terminated several clean energy tax incentives earlier than previously scheduled. But if you bought an...
Did you know that you can claim tax deductions for animals that serve a bona fide business purpose? This benefit extends beyond agricultural operation...
Better billing practices are only an easy assessment away
Efficient, accurate billing practices are critical to your business’s financial health. Billing errors or delays can lead to revenue leakage, cash-flo...
Many businesses offer health care and dependent care flexible spending accounts (FSAs) as part of their employee benefits package. These plans provide...
Selling your business? You might benefit from presale financial due diligence
If you’re contemplating a sale of your business, you probably know that any serious buyer will scrutinize your financial statements, operations, asset...
4 types of interest expense you may be able to deduct
Personal interest expense generally can’t be deducted for federal tax purposes. There are, however, exceptions. Here are four, one of which is a new b...
If you used one or more vehicles in your business during 2025, you may be eligible for valuable tax deductions on your 2025 income tax return. Busines...
Some customers naturally require more time and resources than others. But when certain relationships consistently consume more of your and your employ...