Starting in 2026, personal casualty loss deductions will no longer be limited to federally declared disasters. Certain state-declared disasters will also b...
Did you get married this year? Here's something you might not realize: Your filing status for the entire year is based on your marital status as of Decembe...
The IRS has provided an overview of the improvements made to the Adoption Tax Credit by the One Big Beautiful Bill Act. The credit can be claimed for eligi...
The Affordable Care Act's enhanced premium tax credit (PTC) is scheduled to expire on Dec. 31, 2025. In an unexpected turn, four House Republicans have joi...
Most people know that holiday retail sales are important to state and local governments that rely on the collection and remittance of sales tax in their ju...
For many, the primary reason for creating an estate plan is to ensure their assets are passed on to family members according to their wishes. But when it c...
Year end is fast approaching. Calendar-year entities that issue audited financial statements may be gearing up for the start of audit fieldwork - closing t...
On Dec. 18, 2025, President Trump signed an executive order to expedite the rescheduling of cannabis from a Schedule I to a Schedule III drug. Although thi...
Reducing or eliminating waste in your manufacturing company is fundamental to building a more efficient, profitable and resilient operation. Waste — whet...
Choosing the right bookkeeper is one of the most important staffing decisions your business will make. A skilled bookkeeper maintains accurate financial re...
