ARTICLES

New to running a business and accepting cash payments? Learn the IRS rules for Form 8300 including when you’re required to report cash transactions over $10,000 and the penalties for not filing. Clear guidance can help new business owners stay compliant and avoid expensive mistakes.

Discover how divorce affects business owners, including tax-free asset transfers, future tax consequences, and the importance of accurate business valuation. Learn practical strategies to protect your financial interests and maintain confidentiality throughout the process.

Learn how the Qualified Business Income (QBI) deduction can lower your tax bill and which strategies help business owners maximize this valuable benefit.

A safe harbor 401(k) plan can help business owners avoid complex IRS testing and allow highly compensated employees to maximize contributions. This article explains how these plans operate, their contribution requirements, and the potential pros and cons for employers.

Discover how the OBBBA impacts small businesses with new tax breaks, expensing rules, R&D deductions, and phase-outs of energy incentives.

Even profitable businesses can face challenging years. Learn how net operating losses (NOLs) can help reduce future tax burdens, and how recent tax law changes affect your ability to claim them. Discover why smart planning is key to maximizing the benefits of business losses.

Payroll tax compliance is a critical responsibility for small businesses. Even minor errors can result in costly penalties, damage employee trust, and create legal issues. To help you avoid common pitfalls, here are six essential tips to keep your payroll on track.

Small business owners: Cut your 2025 tax bill with deductions for heavy vehicles and home offices. Learn how to qualify and maximize your savings.

Understanding your financials is key to success. Let us help you prepare or make sense of your statements. Read to learn more.

Succession planning is a smart way to protect your legacy and can be a deeply personal process. Review five common succession strategies and key tax considerations for each.

When figuring out how to structure your business, one option to consider is a C corporation. Let's break down its perks and drawbacks.

For 2025, several tax-related limits have increased. We’ve summarized the major changes that may affect you and your business.

Maximize tax savings with home office deductions. We’ll help you claim them correctly, determine eligibility, and optimize your return.

Navigating the tax implications of selling business assets, particularly Section 1231 property, requires careful planning.

The 2025 IRS mileage rate is 70 cents per mile, up from 67 cents. Businesses can deduct actual costs or use this rate. Consult with us.

Deduct travel between business sites but not commuting. Self-employed can claim costs now; employees must wait until 2026, pending tax law.

Accurately project future sales with forecasting! Use data and insights to set goals, allocate resources, and spot risks. We can help!

Boost employee benefits with 401(k)s, SEP-IRAs, or SIMPLE IRAs—each offers unique perks, limits, and tax advantages for growing businesses.

Cash flow statements reveal a company’s performance and health. Here's a simple guide to its parts and why they’re important.

Balance liquidity and growth with smart working capital management. Optimize receivables, payables, and inventory for lasting success.