Keeping “After-Hours Hustles” from Draining Your Business
In some workplaces, employees stay late — not to finish pressing company projects — but to use their employers’ resources to pursue unauthorized side work. These […]
Material Participation: Why it Matters for LLP and LLC Owners
The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited liability partnership (LLP) or limited liability company (LLC). Depending on how your ownership interest is […]
Turn to Business Valuation Pros for QoE Reports
Financial statements provide the data to support prices in mergers and acquisitions (M&As). But are those reported results reliable and sustainable? After all, the value of a business is based on expected future earnings, not […]
ACA Penalties May Still Apply — and They’re Increasing for 2026
Many small businesses don’t have enough employees to worry about the play-or-pay provisions of the Affordable Care Act (ACA). However, as your business grows, these rules can apply sooner than expected. This issue also may […]
What You Need to Know About Filing an Extension – and Minimizing Penalties
If you don’t have everything ready to complete your federal individual income tax return by the April 15 deadline, you can request an automatic extension. Filing […]
Help Stop Staged Accidents from Raising Your Insurance Costs
According to the FBI, staged auto accidents account for approximately $20 billion a year in losses. This type of insurance fraud is particularly harmful to the insurance […]
FAQs About the Research Credit
Companies that engage in research and development activities may qualify for a federal tax credit for some of those expenses. The credit is complicated to calculate, and not all research activities are eligible — but […]
Are Your Eligible for Mileage Deductions?
It’s important to know if you can deduct vehicle-related expenses. A change that was made permanent by last year’s One Big Beautiful Bill Act (OBBBA) limits who can claim a deduction for business mileage. But […]
How Valuators Bridge the Gap Between Private and Public Company Values
Business valuation professionals routinely rely on public stock market data when valuing private businesses. However, experts also recognize the key differences between public and private companies and adjust their analyses to generate reliable and defensible […]
Debt vs Equity: Classification Counts When Shareholders Put Money Into Their Corporations
If you operate your business as a C corporation, how you put money into your company — and how you take it back out — can have […]
