Life changes can affect your tax picture more than you might expect. Taking time now to review key areas can reduce the risk of certain penalties and uncover tax savings opportunities. Start by reviewing your withholding and estimated tax payments. If your income has changed, you may need to update your Form W-4 so that […]
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Investors often look to small, emerging companies for portfolio diversification and growth potential, but these investments can offer more. Certain shares may also provide valuable tax advantages under the qualified small business (QSB) stock rules. Tax legislation signed into law in 2025, commonly known as the One Big Beautiful Bill Act (OBBBA), enhanced those benefits.
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When business owners think about risk, they often focus on market pressures or operational challenges. An IRS audit usually isn’t top of mind — but it can be costly, disruptive and time-consuming. Although some taxpayers are randomly selected for an audit, many audits occur because the IRS has identified certain patterns or inconsistencies. Understanding where
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If your business is like many today, you’re seeking more ways to attract and retain talent. One option is to offer tax-advantaged educational assistance under Internal Revenue Code Section 127. Recent legislative changes have expanded the value of this benefit. How the Plans Work Employer-sponsored Sec. 127 educational assistance programs allow employees to receive tax-free
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Office Closure Notice: Our office will be closed from Friday, June 26th through Monday, July 6th for office refurbishment and a mid-year break. We will resume operations on Tuesday, July 7th and be available by phone and email; however, our office will remain closed to client visits through Monday, July 13th.