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 […]
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 […]
