News & Insights
IRS Releases Guidance on Changes to R&E Expensing
October 19th, 2025
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Business Tax Services |
Tax |
Small & Midsize Businesses
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 […]
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Michigan Cannabis Tax Update 2025: What Operators Need to Know About the New Wholesale Marijuana Tax
October 3rd, 2025
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By Maddy Henry |
Business Tax Services |
Tax |
Cannabis
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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What You Need to Know About the New IRS Payment Process
September 23rd, 2025
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Business Tax Services |
High Net Worth |
Tax |
High Net Worth
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 […]
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Startup Costs and Taxes: What you Need to Know Before Filing
August 1st, 2025
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Business Tax Services |
Tax |
Tax Credits |
Small & Midsize Businesses
The U.S. Census Bureau reports there were nearly 447,000 new business applications in May of 2025. The bureau measures this by tracking the number of businesses applying for an Employer […]
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The Major Business Tax Implications for the One Big Beautiful Bill Act (OBBBA)
July 18th, 2025
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Business Tax Services |
Tax |
Tax Credits |
Small & Midsize Businesses
By Elijah Long, CPA, Associate The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, is one of the most significant tax reforms since the 2017 Tax […]