Post‑Tax Filing Checklist for 2025
After filing your 2025 tax return, it’s tempting to move on quickly. But taking a few extra steps now can help you stay organized, avoid… Read More »Post‑Tax Filing Checklist for 2025
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Tax Tips
Avoid Costly ACA Penalties: Updated Rules for 2026
Many small businesses assume ACA penalties no longer apply, but that’s a costly misconception. While the individual mandate penalty was repealed in 2019, employer shared… Read More »Avoid Costly ACA Penalties: Updated Rules for 2026
Filing a Tax Extension in 2025: What You Need to Know
Not ready to file your 2025 federal income tax return by April 15? You can request an automatic extension using Form 4868. This gives you… Read More »Filing a Tax Extension in 2025: What You Need to Know
FAQs About the Federal Research Credit
Businesses investing in research and development (R&D) may qualify for a valuable federal tax credit. While the rules can be complex, the potential savings are… Read More »FAQs About the Federal Research Credit
Mileage Deductions: What You Can Claim in 2025 and 2026
Mileage deductions can save taxpayers significant money, but eligibility rules have changed. With the One Big Beautiful Bill Act (OBBBA) making permanent adjustments, it’s essential… Read More »Mileage Deductions: What You Can Claim in 2025 and 2026
Debt vs. Equity: How Shareholder Funding Impacts Taxes
When shareholders put money into their C corporation, the way those funds are classified — as debt or equity — can dramatically affect future tax… Read More »Debt vs. Equity: How Shareholder Funding Impacts Taxes
2025 IRA Contribution Guide: Deadlines, Limits, and Tax Benefits
Each year, you can contribute up to the annual limit to a traditional or Roth IRA—or a combination of both. But once the deadline passes,… Read More »2025 IRA Contribution Guide: Deadlines, Limits, and Tax Benefits
Should Your Business Adopt a Fiscal Year End
Most businesses default to closing their books on December 31, aligning with the calendar year. While convenient, this isn’t always the best choice. For some… Read More »Should Your Business Adopt a Fiscal Year End
Last Chance for EV and Green Home Tax Breaks
Several clean energy tax incentives were cut short by the One Big Beautiful Bill Act (OBBBA). If you purchased an electric vehicle or made eco‑friendly… Read More »Last Chance for EV and Green Home Tax Breaks
Business Tax Deductions for Working Animals
Did you know that animals serving a legitimate business purpose may qualify for tax deductions? This benefit isn’t limited to farms — many industries can… Read More »Business Tax Deductions for Working Animals
April 15 Tax Deadlines You Shouldn’t Miss
April 15 isn’t just the deadline for filing your federal income tax return. Several other important tax obligations and opportunities also fall on this date.… Read More »April 15 Tax Deadlines You Shouldn’t Miss
What Employers Can Do With Forfeited FSA Balances
Flexible spending accounts (FSAs) are a popular benefit that provide tax savings for both employees and employers. But when employees don’t use all their funds,… Read More »What Employers Can Do With Forfeited FSA Balances