News & Insights
It’s Not Too Late to Trim Your 2024 Taxes
November 19th, 2024
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Tax
As the end of the year draws near, savvy taxpayers look for ways to reduce their tax bills. This year, the sense of urgency is higher for many because of […]
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Now What? Assessing the Likely Tax Impacts of the 2024 Election
November 14th, 2024
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Tax
President-Elect Donald Trump will return to the White House in 2025 — a year that already was expected to see significant activity on the federal tax front. A projected unified […]
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How the U.S. Election Changes the Outlook for Taxes
November 13th, 2024
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Tax
The outcome of the November 5 election is likely to significantly impact taxes. Many provisions in President-elect Donald Trump’s signature tax legislation from his first time in the White House, […]
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How Will the 2025 Inflation Adjustment Numbers Affect Your Year-End Tax Planning?
November 8th, 2024
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Tax
The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over last, so many amounts will […]
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From Flights to Meals: A Guide to Business Travel Tax Deductions
November 5th, 2024
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Tax
As a business owner, you may travel to visit customers, attend conferences, check on vendors and for other purposes. Understanding which travel expenses are tax deductible can significantly affect your […]