Important 2026 Tax Figures for Businesses
A new year brings many new tax-related figures for businesses. Here’s an overview of key figures for 2026. Be aware that exceptions or additional rules […]
More Individuals with Disabilities will be Eligible for Tax-Advantaged ABLE Accounts in 2026
Did you know there’s a tax-advantaged way to save for the expenses of a person with a disability that’s similar to saving for college expenses with a […]
Avoiding Inadvertent S Corp Termination
S corporation structure provides most of the tax benefits of a partnership plus the liability protection of a corporation. But because of the strict requirements that apply to these […]
Special Considerations When Valuing Start-up Businesses
Valuing an established business typically starts with analyzing historical financial performance. However, most start-ups have never generated positive cash flow (or even revenue), which presents unique challenges. Applying standard […]
Changes to Charitable Donation Deductions Beginning in 2026
Beginning in 2026, individuals who itemize deductions and donate to charity will face a new limit on their charitable deductions. And in […]
How Your Business Can Fight Brandjacking
Brandjacking occurs when an individual or group misappropriates a company’s brand identity and uses it for financial gain or, […]
Significant Changes to Information Reporting Go Into Effect for the 2026 Tax Year
If your business has employees or uses independent contractors, you have associated annual information reporting obligations. The One Big Beautiful Bill Act (OBBBA) makes changes impacting these rules, but […]
Checking Off RMDs from the the Year-End To-Do List
For older taxpayers with one or more tax-advantaged retirement accounts, as well as younger taxpayers who’ve inherited such an account, there may be one more thing that’s critical to check off […]
FLP on Trial: Tax Court Denies Valuation Discounts
A family limited partnership (FLP) can be a powerful tool for consolidating and managing family wealth while reducing gift and estate taxes, in part through valuation discounts. However, the […]
New Law Eases the Limitation on Business Interest Expense Deductions for 2025 and Beyond
Interest paid or accrued by a business is generally deductible for federal tax purposes. But limitations apply. Now some changes under the One Big Beautiful Bill Act (OBBBA) will […]
