Run a Business With Your Spouse? You May Encounter Unique Tax Issues
Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.
New Rules Could Boost Your R&E Tax Savings in 2025
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act […]
IRS Lists FAQs on Expiration of Energy Credits and Deductions under OBBBA
As appearing in IRS Fact Sheet 2025-5
These FAQs are being issued to provide general information to taxpayers and tax professionals […]
No Changes to 2025 Information Returns or Withholding Tables Under OBBBA
As appears in IRS IR-2025-82
On 8/7/25, the Internal Revenue Service […]
The California Competes Tax Credit: A Boost for Businesses and Jobs in 2025/2026
If you’ve been keeping an eye on economic incentives in the Golden State, you’ve probably heard about the California Competes Tax Credit (CCTC). […]
Bullet Point OBBBA Changes Impacting Businesses
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025. The Act is comprehensive and includes key changes to business-related provisions and […]
Payroll and Tax Implications of OBBBA 2025
Courtesy of Thomson Reuters (07/10/25)
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, enacting significant changes to […]
Divorcing Business Owner? Don’t Let Taxes Detail Your Settlement
Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership interest is often one of your largest […]
Lower Your Self-Employment Tax Bill by Switching to an S Corporation
If you own an unincorporated small business, you may be frustrated with high self-employment (SE) tax bills. One way to lower your SE […]
File Form 1099 Series Information Returns for Free Online
As appearing in IRS Tax Tip 2025-05
Business taxpayers can file electronically any Form 1099 series information returns for free with […]
