Breaking Down the New Proposed Tax Rules Impacting Small Businesses
7/8/2025: OBBBA was signed into law on July 4, 2025. Read our breakdown of the biggest changes for closely held...
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Business
06/10/2025
How the Proposed Tax Legislation May Impact Individual Taxpayers
The House has passed the “One, Big, Beautiful” reconciliation bill, and the bill has been sent to the Senate, where...
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Financial News
05/20/2025
No More Government Paper Checks Starting This Fall
A major change is coming to the federal government starting this fall. It has been announced that by September 30,...
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Business
05/06/2025
SEP and SIMPLE Retirement Plans May Be Great for Your Small Business
Operating a small business? Consider opting for a SEP or SIMPLE retirement plan. Are you looking for a way to...
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Business
05/06/2025
New IRS 1099 E-Filing Rules for 2025: Avoid Penalties with TIN Matching
IRS 1099 e-filing rules are changing for the 2025 filing season. Here’s what small businesses need to know. The IRS...
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Business
04/14/2025
An essential tax deadline is coming up tomorrow — and it’s unrelated to your 2024 return filing
First Quarterly Estimated Tax Payments Due April 15 Tuesday, April 15 is the deadline for filing your 2024 tax return,...
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Tax
03/04/2025
Tax Implications to Consider Before Retirement
Retirement is an opportunistic time to be with family, travel or simply enjoy some hard-earned time off. Yet there are...
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Tax
02/26/2025
IRA Withdrawals: Everything You Need to Know when the Time Calls
At the age of 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) —...
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Tax
02/25/2025
Looking Ahead to the 2025 Tax Season
As you begin to collect documents for your 2024 return, now is a good time to also plan for next...
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Tax
02/05/2025
Prepare for Potential Long Waits this Tax Season
Recent executive orders from the new administration have introduced significant changes within federal agencies, and the Internal Revenue Service (IRS)...
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Tax
02/03/2025
Accounting for Excess Capacity
In manufacturing, efficiency is everything. But what happens when production slows, and excess capacity emerges? For manufacturers, optimal capacity is...
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Business
01/24/2025
Fundamentals of IC-DISC
What is an IC-DISC? An IC-DISC, or Interest Charge Domestic International Sales Corporation, provides extensive Federal income tax savings for...
