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...
The tax rules for legal awards and settlements: What recipients should know
If you’ve recently received a settlement or award from a lawsuit, or you’re expecting one, you may be wondering how the IRS views this money. Will you...
Even well-run companies experience down years. The federal tax code may allow a bright strategy to lighten the impact. Certain losses, within limits,...
Many business owners take an informal approach to controlling costs, tackling the issue only when it becomes an obvious problem. A better way to handl...
As we approach midyear, it’s the perfect time to reevaluate your approach and create winning plays that will carry your business through the remainder...
Breaking down your mid-year review into manageable steps can make it productive and insightful. This simple three-step process to help you evaluate yo...
