News & Insights
News
Insights
Recent Posts
- Understanding Deferred Taxes: Why Book Income and Taxable Income Don’t Always Match
- Repair or Improvement: Does the Distinction Matter Under Current Tax Law?
- Restructure Your Nonprofit with Confidence
- Which Products Really Drive Your Business’s Profits?
- IRS Releases Guidance on the Paid Family and Medical Leave Tax Credit
- Plan Before Expanding Your Nonprofit’s Staff
- The Business Lifecycle Part 5: The Expansion Stage
- Worker Misclassification Can Carry Serious Consequences
-
Building Resilience: Mitigating Vendor Risk Management
By: Gary Loew, CFE A midsize construction company was gearing up to begin work on a prestigious new office complex that promised significant growth and exposure for its business. Just…
-
IRS Issues Guidance on Tax Treatment of Energy Efficiency Rebates
The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and adoption of a range of energy efficient improvements. In…
-
Business Owners, Your Financial Statements are Trying to Tell You Something
Business owners are commonly and rightfully urged to regularly generate financial statements in compliance with Generally Accepted Accounting Principles (GAAP). One reason why is external users of financial statements, such…
-
Coordinating Sec. 179 Tax Deductions with Bonus Depreciation
Your business should generally maximize current year depreciation write-offs for newly acquired assets. Two federal tax breaks can be a big help in achieving this goal: first-year Section 179 depreciation deductions…
-
President Biden’s Proposed Budget Highlights His Tax Agenda
President Biden has released his proposed budget for the 2025 fiscal year, including numerous tax provisions affecting both businesses and individual taxpayers. While most of these provisions have little chance…