The One Big Beautiful Bill Act made 100% bonus depreciation permanent for businesses that purchase and place into service qualified new or used property af...
If you expect to be in a higher tax bracket in the future, you may be able to proactively avoid higher taxes on retirement funds by converting part or all ...
Did your nonprofit organization opt last May for an automatic six-month extension for filing Form 990, Return of Organization Exempt from Income Tax? If so...
As the holiday season approaches, you may be thinking about volunteering for a charity. Volunteering can provide tax-saving opportunities if it’s for an ...
The IRS has updated its Employee Retention Credit (ERC) FAQ page. The new FAQs address ERC refund limitations enacted under the One Big Beautiful Bill Act....
The Federal Reserve has approved its second straight interest rate cut. The Fed reduced the central bank’s benchmark rate by a quarter point. The target ...
Most small businesses incur local transportation costs, which may be overlooked if not tracked. Commuting between home and work isn’t deductible. But the...
The Social Security Administration said that Social Security benefits for 2026, including Old-Age, Survivors, and Disability Insurance (OASDI), and Supplem...
The IRS has updated its FAQ page for Form 1099-K (Payment Card and Third Party Network Transactions). The One Big Beautiful Bill Act retroactively reinstat...
Heard of the Internal Revenue Service Math and Taxpayer Help Act? Intended to reduce confusion and provide fairer outcomes in tax disputes, the legislation...
