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 […]
The “fraud triangle” is a three-legged model that explains the generally required conditions for a worker to commit occupational fraud: 1) incentive, 2) opportunity and 3) rationalization. Twenty years ago, fraud experts […]
Obviously, financial statements play a critical role in valuing businesses for mergers and acquisitions (M&As). Prospective buyers turn first to financial metrics […]
Whether you’re selling your business or acquiring another company, the tax consequences can have a major impact on the transaction’s success or […]
Beginning in 2026, taxpayers in the top federal income tax bracket will see their itemized deductions reduced.
Before […]
When your retail store closes for the day, does some of your merchandise walk out the back door? “Shrinkage” generally occurs when employees, customers […]
The One Big Beautiful Bill Act (OBBBA) allows 100% first-year depreciation for non-residential real estate that’s classified as qualified production property (QPP). This new break is different from the […]
Are you thinking about making financial gifts to loved ones? Would you also like to reduce your capital gains tax? If so, […]
When determining how much a business is worth, a valuation professional must evaluate current market conditions — and today’s marketplace is […]
Thoughtful business gifts are a great way to show appreciation to customers and employees. They can also deliver tax benefits when […]
