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...

Let’s say it out loud: Dead inventory is a silent profit killer.  You don’t always see it. You don’t always feel it. But if you’re not paying attention, it quietly piles up in the back room�...

Let’s get one thing straight:  Scammers are not slowing down.  They’re getting slicker, faster, and disturbingly good at sounding like someone you trust—especially now that AI can mimic voices...

So you built something real. A business. A legacy. A family-run thing that’s weathered recessions, pandemics, and probably more sleepless nights than you care to count.  Maybe it’s a restaurant. ...

The U.S. tax landscape continues to evolve with legislative updates, and one such recent change introduced in the “One Big Beautiful Bill Act” focuses on a new above-the-line tax deduction for qua...

Losing a job is a challenging event that can have significant financial and tax implications. As individuals navigate the transition, understanding these implications and the resources available can m...

On July 4th, the President signed into law the so-called “One Big Beautiful Bill” Act (OBBBA), a significant piece of legislation that ushers in a plethora of tax provisions designed to impact tax...

On July 3, Congress passed the sweeping One Big Beautiful Bill Act (OBBBA). This bill is a landmark tax and spending package that makes key provisions from the 2017 Tax Cuts and Jobs Act (TCJA) perman...