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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


Why Your Business Should Stay Involved in Your 401(k) Plan
Managing a 401(k) requires more than setup; business owners must regularly monitor investments, review fees, oversee administrators, and ensure regulatory compliance. Proactive reviews reduce risk and keep the plan effective for both the company and its employees.
May 20


Gift Investments, not just Cash: A Smart Way to Reduce Taxes
Transferring appreciated stock to loved ones in lower tax brackets may help reduce federal capital gains taxes. Learn how this strategy works, who can benefit, and important tax rules to consider before making a gift.
May 15


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


You May Need to Adjust your Tax Withholdings
If you receive a big refund or owe a lot at tax time, your withholding may need to be adjusted. Discover how to make your 2026 taxes match what you really owe.
May 5


What to Do After Filing Your 2025 Tax Return
Filing your tax return is only the first step. Learn how to check your refund, consider amending your return, organize records, and start planning for 2026 taxes.
May 4


How to File an Amendment on your Tax Returns
Mistakes on a tax return aren’t the end of the world. Learn how to amend a previously filed return, when it’s necessary, and what steps to take to ensure corrections are handled properly and efficiently.
Apr 20


It's Time to Separate your Business from its Real Estate
Holding real estate separately from your business brings benefits like liability protection, tax savings, and estate planning options. This article explains why owners choose this approach, how it works, and if it's suitable for your business.
Apr 15


Family Tax Credits: What Parents Need to Know for 2025
Raising a family is expensive; however, there are tax credits designed for families to make things easier. Discover the 2025 credits available for children, adoption, dependents, and education.
Apr 13


One Week Until the Tax Deadline: Last-Minute Depreciation Moves to Consider
With the tax deadline approaching, you can still reduce your 2025 tax bill. This article covers last-minute depreciation tactics like bonus depreciation, Section 179, and QBI to help you save before filing.
Apr 10


Don’t Miss the 2025 IRA Contribution Deadline
You still have time to make a 2025 IRA contribution — but the deadline is April 15, 2026. This article breaks down contribution limits, tax deductions, income eligibility, and strategies like backdoor Roth IRAs to help you maximize your retirement savings.
Apr 9


Thinking of Filing Late without an Extension? Think Again.
Missing the tax deadline without filing an extension can mean costly penalties and interest. This article breaks down what happens when you file late, what it could cost you, and how to take action to reduce the financial impact.
Apr 7


Reasons Why Filing an Extension Is a Smart Move
Hurrying to file taxes can cause mistakes and overlook deductions. Requesting an extension gives you extra time to gather documents and file accurately, making tax season less stressful and more strategic.
Apr 6


April 15th isn’t JUST Tax Day
April 15 is not just the tax filing deadline, it’s a prime moment to review tax-saving strategies and ensure compliance. Consult a trusted tax professional to avoid costly errors and make the most of your tax benefits.
Apr 2


Don’t Forget Your 2025 IRA Contribution: Tax-Deductible or Not
You can contribute to your 2025 IRA until April 15, 2026. Traditional and Roth IRAs offer tax benefits and growth potential. Review income limits, eligibility, and strategies like backdoor Roth conversions to maximize your contribution.
Mar 31


4 Types of Interest You to Deduct
Not all interest is deductible, but there are exceptions that can reduce your taxes. This article explains four types of deductible interest: mortgage, auto loan, student loan, and investment interest.
Mar 27


What Medical Expenses Can You Deduct on Your 2025 Tax Return?
Not all medical expenses are tax-deductible. For 2025, you can deduct eligible costs that exceed 7.5% of your adjusted gross income if you itemize your deductions. This article explains which expenses qualify and how to determine if the deduction will benefit you.
Mar 25


Protecting Your S Corporation Status: What You Need to Know
S corporations provide tax benefits and liability protection, but business owners must follow IRS rules to keep their status. This article explains the main requirements, risks, and steps to maintain S corporation election.
Mar 24
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