I received a notice from the IRS…now what? Receiving a notice from the IRS can be unsettling and can trigger...
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Business
11/11/2025
Take Time to Review Your Business Expenses Before Year-End
Maximize Year-End Business Deductions Under OBBBA As the year winds down, it’s smart to evaluate your company’s expenses to determine...
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Business
11/06/2025
Qualified Production Property Overview
What is Qualified Production Property? Qualified Production Property (QPP) refers to the portion of nonresidential real property that is used...
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Business
10/30/2025
OBBBA Updates 1099 Thresholds
OBBBA Updates: IRS Restores 1099-K Threshold and Raises 1099-NEC Limits The One Big Beautiful Bill Act (OBBBA), signed into law...
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Associations
10/29/2025
Take Advantage of Section 179 with YE Business Equipment Purchases
Take Advantage of Section 179 to Maximize Your Year-End Business Tax Savings Sec 179 of the U.S. Internal Revenue Code...
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Business
10/22/2025
SECURE 2.0: What Plan Sponsors Must Implement Now & What to Consider for 2026
SECURE 2.0 Act: Key 401(k) and 403(b) Plan Changes Every Sponsor Must Prepare for by 2026 As retirement plan rules...
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Associations
10/22/2025
Tip and Overtime Income Update
Understanding the OBBBA Payroll Changes: New Tip and Overtime Income Deductions The passage of the One Big Beautiful Bill Act...
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Business
10/06/2025
Lessons in Recordkeeping from a Recent Tax Court Decision
Running a successful business take more than delivering great products or services – it requires disciplined financial management. Meticulous recordkeeping...
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Business
10/06/2025
How to Track and Manage Cash Transactions in Your Business
Cash Management Best Practices for Closely-Held Businesses Why Tracking Cash Still Matters in a Digital World Despite the ever-digitizing...
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Business
09/19/2025
Section 174 Update: New Guidance for Treatment of Domestic Research Costs
Background The Tax Cuts and Jobs Act, enacted in 2018, included a delayed provision affecting Section 174 research expenses beginning...
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Business
07/08/2025
Tax Bill Provisions Directed at Closely Held and Pass-Through Businesses
OBBBA is now law. What are the main tax changes that will impact business owners? The One Big Beautiful Bill...