ARTICLES

If you and your spouse jointly operate a small, unincorporated business, you may be paying more self-employment tax than necessary. Learn how spousal partnerships are treated for tax purposes and three effective strategies to help lower your tax burden.

A major tax win for innovators: the OBBBA restores immediate deductions for U.S.-based research and experimental (R&E) costs. Small businesses may even amend prior returns to claim refunds. Learn how to optimize these opportunities, accelerate deductions, and boost your tax savings strategy.

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

High self-employment taxes can take a big bite out of your small business income. Converting to an S corporation may help reduce those taxes and boost your take-home pay. Learn how the structure works, what to consider before switching, and whether it’s the right move for your business.

Learn how individuals aged 50 and over can maximize their retirement savings through catch-up contributions to IRAs and employer-sponsored plans. Discover annual limits, tax benefits, and example scenarios to help boost your financial future.

Teachers often spend their own money on classroom supplies, and tax law offers ways to ease that burden. Eligible educators can currently deduct up to $300 in unreimbursed expenses as an above-the-line deduction. Beginning in 2026, the OBBBA introduces a new itemized deduction with broader eligibility and no dollar limit. Careful tracking of expenses can help maximize these valuable tax breaks.

Discover the new tax advantages of Qualified Small Business (QSB) stock under the OBBBA. Learn about updated asset limits, gain exclusions, and rollover opportunities to maximize your investment strategy.

Learn how the OBBBA tax law impacts families with changes to credits, savings accounts, 529 plans, and more.

The QBI deduction, now permanent under the One, Big, Beautiful Bill Act, lets eligible business owners deduct up to 20% of qualified income. Starting in 2026, expanded phase-in ranges and a $400 minimum deduction will make it easier for more taxpayers to benefit and plan tax savings. Learn more.

Starting a new business? Learn how start-up and organizational expenses are treated for tax purposes, what qualifies for deductions, and how proper planning can reduce your tax bill.

A spousal IRA lets couples grow retirement savings even if one spouse has little or no income. Learn about 2025 contribution limits, tax benefits, and how to get started.

Looking for a tax-smart way to support your employees and even your own family members? Learn how a Section 127 plan can offer $5,250 in annual tax-free education benefits—see if your business qualifies.

Explore how pairing a high-deductible health plan (HDHP) with Health Savings Accounts (HSAs) can help your business reduce costs, offer tax benefits, and enhance employee benefits.

Claim IRA tax credits: 30% for energy upgrades, $7,500 for EVs, $1,000 for chargers. Act by Dec. 31; changes may end these perks.

Separating real estate ownership from your business may reduce double taxation and boost asset protection. Contact us to learn more.