Tax Filing FAQs for Individuals
The IRS opened the filing season for 2025 individual income tax returns on January 26. This is about the same time […]
FAQs About Using the Market Approach to Value a Business
The market approach is based on a straightforward premise: A company’s value can be derived from the prices others pay for similar businesses. But, in practice, this technique isn’t […]
When Medical Expenses Are . . . and Aren’t . . . Tax Deductible
If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income tax return. Income-based thresholds and other rules can make […]
Tax Filing Update for Pass-Through Entities
Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes or […]
Get the Lowdown on Your M&A Target’s Financial Records
Do your company’s 2026 strategic plans include a business acquisition? Whether you already have your eye on a target or are still weighing options, plan now for extensive financial […]
If You Suffered a Disaster, You May Be Eligible for a Casualty Loss Tax Deduction
Every year, severe storms, flooding, wildfires and other disasters affect millions of taxpayers. Many experience casualty losses from damage to their […]
Not All “Business” Expenses are Tax Deductible
With 2025 in the rear view mirror and the tax filing deadline on the road ahead, it’s a good time for […]
Demystifying Discount Rates Used in Business Valuations
Valuation professionals often use discounted cash flow (DCF) techniques to determine the value of a business or estimate economic losses. A critical input in a DCF model is the […]
A New Year Means New Tax Figures for Individuals
Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional changes are going into effect under […]
Keep “Put it on my Tab” from Becoming a Problem for Your Business
Does your business let regulars run tabs? Customers who maintain tabs in restaurants, bars and retail shops are often profitable, and it may be in your best interest to […]
