News & Insights
Changes to Charitable Donation Deductions Are on the Horizon
December 30th, 2025
|
Tax |
High Net Worth
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 […]
READ MORE
How Will Taxes Affect Your Merger or Acquisition?
December 30th, 2025
|
Tax |
Small & Midsize Businesses
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 […]
READ MORE
Significant Changes to Information Reporting Go Into Effect for the 2026 Tax Year
December 26th, 2025
|
Reporting & KPIs |
Tax |
Small & Midsize Businesses
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 […]
READ MORE
IRS Releases Critical Guidance on Calculating Tips and Overtime Deductions for 2025
December 22nd, 2025
|
Employee Benefit Plan |
Tax |
Small & Midsize Businesses
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 […]
READ MORE
New Deduction for QPP can Save Significant Taxes for Manufacturers and Similar Businesses
December 18th, 2025
|
Tax |
Manufacturing |
Small & Midsize Businesses
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 […]