Before the One Big Beautiful Bill Act (OBBBA), tip income and overtime income were fully taxable for federal income tax purposes. The new law changes that. The One Big Beautiful Bill Act (OBBBA) is shaking up how certain types of income are taxed. From 2025 through 2028, small…more
Best Companies Group Announces 2025 Best Places to Work for Women Best Companies Group has named CD Bradshaw & Associates, P.C., a recipient of an inaugural 2025 Best Places to Work for Women Award. The awards are held in partnership with BridgeTower Media. Best Places to Work for…more
1. Stay on Top of Cash Flow Forecasting Accurate cash flow forecasting is essential for construction business finances. The more detailed, the better. A best practice for construction companies is to run rolling 13-week forecasts. This approach is especially valuable if your workload is seasonal because it helps…more
Say Goodbye to Paper Checks: What Taxpayers Need to Know The federal government has announced a major change that will affect how millions of Americans receive their tax refunds and federal benefit payments. Beginning September 30, 2025, the U.S. Treasury Department, IRS, and Social Security Administration (SSA) will…more
It’s been about a month since the One, Big, Beautiful Bill Act (OBBBA) was signed into law. Now that the dust has settled, construction business owners and their leadership teams can begin to really pinpoint the provisions most pertinent to their operations. Here are six to study up…more
The One, Big, Beautiful Bill Act (OBBBA) includes numerous provisions affecting the tax liability of U.S. businesses. For many businesses, the favorable provisions outweigh the unfavorable, but both kinds are likely to impact your tax planning. Here are several provisions included in the new law that may influence…more
President Trump signs the One, Big, Beautiful Bill On July 4, President Trump signed into law the far-reaching legislation known as the One, Big, Beautiful Bill Act (OBBBA). As promised, the tax portion of the 870-page bill extends many of the provisions of the Tax Cuts and Jobs…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
The U.S. House of Representatives passed its sweeping tax and spending bill, dubbed The One, Big, Beautiful Bill Act (OBBBA), by a vote of 215 to 214. The bill includes extensions of many provisions of the Tax Cuts and Jobs Act (TCJA) that are set to expire on…more