News & Insights

Bonus Depreciation Phase Out: Learn How These Changes are Taking Effect and How Section 179 Can Help

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In 2002, Bonus Deprecation first went into effect, serving as a groundbreaking new tax policy. Instead of traditionally spreading out deprecation over an asset’s useful life, businesses now had the […]

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Be Ready to File Your BOI Reports

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It has been a tumultuous few months for many small businesses. The Financial Crimes Enforcement Network (FinCEN) initially set a January 1, 2025, deadline for certain small business entities to […]

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Do You Have Excess Business Loss?

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If an individual taxpayer has substantial business losses, unfavorable federal income tax rules can potentially come into play. Here’s what you need to know as you assess your 2024 tax […]

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Taming the Tax Tangle if You’re Retiring Soon

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Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the transition may bring a tangle of […]

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Inflation Reduction Act (IRA) Energy Credits for Affordable Housing

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The Inflation Reduction Act (IRA) opened opportunities for businesses and entities to use tax credits to subsidize the purchase and implementation of renewable energy property. The affordable housing sector received […]

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