Run a Business With Your Spouse? You May Encounter Unique Tax Issues
Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.
How Tariffs Could Increase Your Company’s Supply Chain Risk
Your company’s supply chain is one of the many business functions vulnerable to fraud, particularly as foreign tariffs take effect. Dishonest employees and vendors are known to […]
Teachers and Others Can Deduct Eligible Educator Expenses This Year . . . and More Next Year and Beyond
At back-to-school time, much of the focus is on the students returning to the classroom — and on their parents buying them school […]
Evaluating Marketability When Valuing Controlling Business Interests
When investing in a business, the buyer considers how easily the interest can be converted to cash. However, transferring private business interests isn’t […]
New Rules Could Boost Your R&E Tax Savings in 2025
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act […]
California CDTFA Updates Pub 34: Motor Vehicle Dealers (3/2025)
The California Department of Tax and Fee Administration (CDTFA) has released an updated version of Publication 34: Motor Vehicle Dealers in March 2025. […]
IRS Lists FAQs on Expiration of Energy Credits and Deductions under OBBBA
As appearing in IRS Fact Sheet 2025-5
These FAQs are being issued to provide general information to taxpayers and tax professionals […]
Teacher Funded Classroom Costs Can Be Offset with Educator Expense Deduction
As appearing in IRS Tax Tip 2025-58
With back-to-school, comes potential out-of-pockets costs for educators. The Educator Expense Deduction […]
No Changes to 2025 Information Returns or Withholding Tables Under OBBBA
As appears in IRS IR-2025-82
On 8/7/25, the Internal Revenue Service […]
The California Competes Tax Credit: A Boost for Businesses and Jobs in 2025/2026
If you’ve been keeping an eye on economic incentives in the Golden State, you’ve probably heard about the California Competes Tax Credit (CCTC). […]
