We are pleased to announce that effective January 1, 2026, Ross Buehler Falk & Company, LLP (RBF) will be joining Brown Plus. Since 1985, RBF has been committed to providing our clients with innov...

When a “Good Year” Still Feels Tight  You finally have a year where sales are up and the books show a profit—yet your bank account feels like it missed the memo. You’re working harder tha...

As the leaves turn and we all begin to look ahead to 2026, small businesses and accountants know that closing the books on one year correctly sets the tone for the next. With evolving tax rules and ...

The IRS Doesn’t Send Thank-You Notes—Just Penalty Notices  You file a little late. You miss an estimated payment. You hire a remote employee in another state and forget to register for payrol...

Receiving proceeds from a lawsuit settlement can significantly impact your financial situation, and understanding the tax implications is crucial for effective financial planning. The Internal Reven...

Growth Feels Great—Until It Doesn’t  At first, running your business feels simple: money comes in, bills go out, and if there’s something left over, you’re doing fine.  Then growth happ...

In the complex world of tax deductions, understanding the distinctions between above-the-line deductions, below-the-line deductions, and standard and itemized deductions is crucial for effective tax p...

Late invoices can throw a wrench into your cash flow—but if you’re not already automating reminder emails, you’re leaving money on the table. The good news? Modern invoicing systems make...

Are you in the process of or thinking about adopting? The tax code includes an adoption credit which is a significant benefit available to taxpayers who adopt a child, providing financial relief for e...

On September 2, 2025, the Treasury Department released a draft list of 68 occupations eligible for the new “no tax on tips” deduction. This deduction is part of the “One Big Beautifu...

In the swirling complexities of tax legislation, even well-intentioned provisions can seem like offers of relief that arrive weighed down with restrictions. The OBBBA provision, which allows taxpayers...

The Economy Feels Mixed — and That’s Okay If you’ve read the headlines lately, you know the signals are…confusing.  GDP is strong.  Interest rates may be heading lower.  Inflation is easing...

Paying off student loans can be a significant challenge for many graduates. However, leveraging tax-advantaged strategies can alleviate some of this burden. In this article, we’ll explore various ta...

Starting a business is more than revenue and expenses—it’s about knowing what you truly own, what you owe, and what your venture is worth. That’s where a balance sheet comes in: a snapshot t...

Setting up a child’s financial future can be one of the most impactful gifts parents, grandparents, relatives, and friends can provide. By leveraging various tax-advantaged accounts and strategi...

Few things can rattle a business owner faster than seeing “Internal Revenue Service” on an envelope. The instinct is to panic. But the truth? An IRS notice doesn’t automatically mean you’ve do...

Section 529 plans are tax-advantaged savings plans designed to encourage saving for future education costs. They are legally known as “qualified tuition plans” and are sponsored by states,...

When it comes to running a successful small business, every dollar counts. Yet every year, many owners miss out on valuable tax deductions — and with them, the chance to strengthen their cash flow a...

The reinstatement of bonus depreciation is a critical component of recent U.S. tax legislation aimed at fostering economic growth. The 2017 Tax Cuts and Jobs Act (TCJA) had already put significant emp...

Originally published in Five-Minute Tax Briefing® – August 12, 2025 (No. 2025-15) In a recent Q&A session, IRS Commissioner Billy Long announced that the start of the 2025 e-filing season for F...