News & Insights

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

Facebook Twitter LinkedIn Email

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 […]

READ MORE

4 Year-End Planning Steps to Trim Your 2025 Taxes

Facebook Twitter LinkedIn Email

Now is the time of year when taxpayers search for last-minute moves to reduce their federal income tax liability. Adding to the complexity this year is the One Big Beautiful […]

READ MORE

IRS Releases Guidance on Changes to R&E Expensing

Facebook Twitter LinkedIn Email

Among its numerous tax provisions, the One Big Beautiful Bill Act (OBBBA) reinstated immediate deductions for research and experimental (R&E) expenditures under Internal Revenue Code Section 174, beginning in 2025. The […]

READ MORE

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

Facebook Twitter LinkedIn Email

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 […]

READ MORE

What You Need to Know About the New IRS Payment Process

Facebook Twitter LinkedIn Email

By Josh Dekam In March 2025, President Trump signed an executive order that would phase out the ability to make payments or receive refunds through a paper check by September […]

READ MORE

Recent Posts