With the April 15 tax filing deadline behind you, it’s tempting to shift your focus back to running your business and move taxes to the back burner. That’s understandable. But before you do, there are a few important after‑tax‑day items that can protect your business, reduce stress, and…more
Tax changes rarely arrive all at once. Instead, they tend to layer over time, which is exactly what we are seeing as we move toward 2026. Several provisions from the One Big Beautiful Bill Act are already affecting 2025 tax returns that are currently being filed. At the…more
Many businesses offer health care and dependent care flexible spending accounts (FSAs) as part of their employee benefits package. These plans provide valuable tax savings to employees and payroll tax savings to employers. If your company operates a calendar-year FSA with a 2½-month grace period, employees have…more
If you used one or more vehicles in your business during 2025, there may be meaningful opportunities to claim deductions on your 2025 income tax return. The rules can get complex; factors like the vehicle’s weight and how you split business vs. personal use can directly influence what…more
Summer Business Travel: What Expenses Are Tax Deductible? If you’re a small business owner or self-employed professional planning summer business trips, understanding which travel expenses are tax deductible is essential. With current IRS rules and potential tax law changes, it’s more important than ever to stay informed and…more
What triggers an IRS audit and how can you prepare if your business is selected?
Mark your calendar: It’s time for businesses to start thinking about the fourth quarter 2024 tax filing deadlines.
Summer is here and tax deadlines are probably the last thing on your mind. But there are some important third-quarter deadlines that businesses can’t afford to forget about.
