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Unlock Tax Savings with a Cost Segregation Study
Commercial real estate owners may be able to unlock significant tax savings through a cost segregation study. By identifying building components that qualify for shorter depreciation periods, businesses can accelerate deductions, improve cash flow, and take advantage of enhanced depreciation benefits.
2 days ago


What Is a Small Business for Tax Purposes?
Not all businesses are classified the same for tax purposes. Learn how the IRS defines a "small business" and discover five valuable tax benefits that could help simplify accounting and reduce your tax liability.
2 days ago


ACA Penalties Still Apply — And They’re Increasing for 2026
ACA penalties for employers are still in effect and increasing in 2026. Learn when your small business becomes subject to ACA rules and how to avoid costly compliance risks.
May 21


Businesses Should Prepare for New Information Reporting Rules in 2026
Several new information reporting changes are taking effect for businesses in 2026, including updated payroll reporting requirements and higher Form 1099 thresholds. Here’s what employers and business owners should know to stay prepared and compliant.
May 11


Changes to Business Interest Deductions Could Benefit Some Taxpayers
Recent tax law changes could allow some businesses to deduct more interest expense starting in 2025. Learn how updated rules for business interest deductions may impact your tax planning.
Mar 16


All Business Expenses aren’t Tax Deductible
Determine if your business expenses are tax deductible, and clarify the “ordinary and necessary” standard and common substantiation pitfalls. Get practical examples and advice to prepare documentation for your tax return.
Mar 10


Key 2025 Tax Law Changes Affecting Pass-Through Entities
The March 16, 2026 deadline is approaching for partnerships, LLCs taxed as partnerships, and S corporations. Be aware of key 2025 tax law changes that may impact your business.
Mar 4


Are Your 2025 Business Deductions Ready? What to Review Before You File
Get straightforward tips on recognizing valid business deductions for 2025. Learn vital IRS rules, prevent deduction mistakes, and keep your records organized for filing.
Feb 24


Key Business Tax Figures for 2026: What You Need to Know
The new year brings updated tax limits and thresholds that can impact business deductions, retirement planning, and employee benefits. This overview highlights key 2026 business tax figures to help business owners plan ahead with confidence.
Jan 26


Quarterly Estimated Taxes and the One Big Beautiful Bill Act (OBBBA): What You Need to Know
Learn how the OBBBA’s new provisions for 2025–2028 affect estimated tax payments, deductions, and credits — plus strategies to optimize your tax planning under the latest regulations.
Sep 9, 2025


What Does the IRS Consider Unreasonable Compensation?
Thinking about incorporating your business? While incorporation offers benefits like liability protection and growth opportunities, it also brings tax considerations like how much you pay yourself or other key employees. Learn about the IRS’s stance on reasonable compensation, the risks of misclassification, and real-world examples to help you make informed decisions.
Jul 22, 2025


Turning Business Losses Into Tax Opportunities: Understanding Net Operating Losses (NOLs)
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.
Jun 23, 2025


What Small Business Owners Need to Know About Business Loss Deductions
Large business or rental losses in 2025 may be limited by IRS rules, including the Excess Business Loss cap of $313,000 (or $626,000 for joint filers). Understanding these limits is key to effective tax planning.
May 8, 2025


Managing the Business Interest Expense Deduction Limit
TCJA limits business interest deductions to 30% of ATI. Manage the deduction limit with 3 options. Read more.
Mar 12, 2025
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