Now is the time of year when taxpayers search for last-minute moves to reduce their federal income tax liability. Adding to the complexity this year is the One Big Beautiful Bill Act (OBBBA), which significantly changes various tax laws. Here are some of the measures you can take…more
The One Big Beautiful Bill Act (OBBBA) introduced significant updates for businesses and payroll management companies. These changes—particularly around information return and payroll tax reporting—will take effect in 2026, but proactive employers should begin preparing in 2025. At CD Bradshaw & Associates, P.C., we believe in helping clients…more
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