News & Insights

Tax Filing Update for Pass-Through Entities

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Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes or an S corporation? In tax lingo, these are called “pass-through” […]

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Changes to Charitable Donation Deductions Are on the Horizon

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Beginning in 2026, individuals who itemize deductions and donate to charity will face a new limit on their charitable deductions. And in some cases, they’ll face two new limits. But there’s […]

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How Will Taxes Affect Your Merger or Acquisition?

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Whether you’re selling your business or acquiring another company, the tax consequences can have a major impact on the transaction’s success or failure. So if you’re thinking about a merger […]

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Significant Changes to Information Reporting Go Into Effect for the 2026 Tax Year

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If your business has employees or uses independent contractors, you have associated annual information reporting obligations. The One Big Beautiful Bill Act (OBBBA) makes changes impacting these rules, but not […]

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IRS Releases Critical Guidance on Calculating Tips and Overtime Deductions for 2025

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The One Big Beautiful Bill Act (OBBBA) creates new income tax deductions for tax years 2025 through 2028 for qualified cash tips and overtime compensation. If you receive tips or […]

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