One provision of the One, Big, Beautiful Bill Act you probably haven’t heard much about is a repeal of the long-standing tax on firearm silencers or ...
President Trump has pushed back the effective date of most reciprocal foreign tariffs to Aug. 7, 2025. They’ve been delayed several times, most recentl...
A microcaptive arrangement is a type of self-insurance that allows businesses to form their own small insurance companies to insure risks specific to the b...
If a couple gets separated or divorced, it affects tax obligations. The IRS considers couples married for tax purposes until a final decree is issued. Afte...
QuickBooks® can be a powerful tool for managing your company’s accounting records, but like any software, it’s only as accurate as the information ent...
As the federal gift and estate tax exemption increases, the number of families affected by gift and estate tax liability decreases. With the passage of the...
Federal law generally defines gross income as income from all sources. This includes income from settlements unless excluded by law, such as those paid for...
Adopting a child is expensive, but adoptive parents may qualify for a tax break to offset some of the costs. Under the One, Big, Beautiful Bill Act (OBBBA)...
A tax break in the One, Big, Beautiful Bill Act is a boon for founders of successful startup businesses. Before the new law, the qualified small business s...
Congressional Republicans have already clawed back more than $40 million in Inflation Reduction Act funding to the IRS. A newly approved U.S. House Appropr...
