News & Insights

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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New Deduction for QPP can Save Significant Taxes for Manufacturers and Similar Businesses

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The One Big Beautiful Bill Act (OBBBA) allows 100% first-year depreciation for nonresidential real estate that’s classified as qualified production property (QPP). This new break is different from the first-year […]

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There’s Still Time to Save 2025 Taxes

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Just because it’s December doesn’t mean it’s too late to reduce your 2025 tax liability. Consider implementing one or more of these year-end tax-saving ideas by December 31. Defer Income […]

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