News & Insights

IRS Issues Interim Guidance on 100% Depreciation for Qualified Production Property

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The IRS and Treasury Department have released interim guidance, in Notices 2026-11 and 2026-16, which clarify how businesses can apply the new 100% depreciation provisions under the One Big Beautiful […]

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Minimize Your Business’s 2025 Federal Taxes by Implementing Year-End Tax Planning Strategies

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The One Big Beautiful Bill Act (OBBBA) shifts the landscape for year-end tax planning. The law has significant implications for some of the most tried-and-true tax-reduction measures. It also creates […]

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Michigan Cannabis Tax Update 2025: What Operators Need to Know About the New Wholesale Marijuana Tax

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Michigan lawmakers recently approved the state’s new $81 billion budget for 2025–26, and included in it is a major change for cannabis operators: a new 24% wholesale marijuana tax. This […]

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Best Practices for Managing Cash Flow in the Growth Stage of a Business Life Cycle

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Effective cash flow management is critical at every stage of a business’s life cycle, but it becomes particularly crucial during the growth stage. At this point, a company is expanding, […]

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5 Tax Breaks on the Table: What Business Owners Should Know About the Latest Proposals

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A bill in Congress — dubbed The One, Big, Beautiful Bill — could significantly reshape several federal business tax breaks. While the proposed legislation is still under debate, it’s already […]

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