Startup Costs and Taxes: What You Need to Know Before Filing
The U.S. Census Bureau reports there were nearly 447,000 new business applications in May of 2025. The bureau measures this by tracking the number of businesses applying […]
Is Your Business Partnering with Dishonest Vendors?
Almost all (98%) of respondents to a recent survey conducted by Creditsafe expressed concern about being victimized by vendor fraud. Unfortunately, most business owners and managers aren’t […]
Is College Financial Aid Taxable? A Crash Course for Families
College can be expensive. According to the College Board, the average sticker price for tuition and fees at private colleges was $43,350 for the 2024–2025 school year. […]
DOs and DON’Ts to Help Protect Your Business Expense Deductions
If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete […]
Why the Standard of Value Matters in Business Valuation
Valuing a private business requires a custom approach. One size doesn’t fit all companies, especially when it comes to the appropriate standard of […]
Are You Missing a Valuable Tax Deduction for Medicare Premiums?
If you’re age 65 or older and enrolled in basic Medicare insurance, you may need to pay additional premiums to receive more comprehensive […]
Some Managers May Direct Employees to Commit Fraud
An often overlooked phenomenon involves employees committing fraud not for personal gain, but out of loyalty, fear or a misplaced belief they’re protecting their boss […]
Tax Affecting: A Controversial Issue in Pass-Through Business Valuations
Tax affecting is one of the most debated issues when valuing interests in privately held businesses using the income approach. This term refers to discounting the projected […]
The Advantages of a Living Trust for Your Estate Plan
Do you believe you don’t need to worry about estate planning because of the current federal estate tax exemption ($13.99 million per individual or $27.98 million for […]
Planning a Summer Business Trip? Turn Travel into Tax Deductions
If you or your employees are heading out of town for business this summer, it’s important to understand what travel expenses can be deducted under current tax […]
