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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New Rules Could Boost Your R&E Tax Savings in 2025
October 10th, 2025
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Tax |
Tax Credits |
Small & Midsize Businesses
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) reinstated the immediate deduction for U.S.-based […]
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How Will the Changes to the SALT Deduction Affect Your Tax Planning?
October 8th, 2025
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Strategy and Planning |
Tax |
High Net Worth
The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes (SALT), albeit temporarily. If you have high SALT expenses, 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 […]