Maximizing Business Deductions: An Introduction to Depreciation, Amortization, and Expensing

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Article Highlights: MACRS Depreciation Bonus Depreciation Section 179 Expensing Amortization Materials and Supplies Expensing The De Minimis Safe Harbor Rule Expensing Routine Maintenance Expensing Per Building Safe…

Your Annual Reminder to File Worker 1099s

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Article Highlights: 1099-NEC Filing Requirements Filing Due Date Independent Contractor Filing Threshold Landlords Additional Filing Requirements Form W-9 Household Workers Penalties Endeavors to Mitigate Penalties …

Why an LLC?

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Article Highlights: The Purpose and Function of an LLC Pros and Cons of Choosing An LLC Advantages Disadvantages Does an LLC Need Liability Insurance?    Does an LLC Provide Protection Nationally? When to Choose…

Tax Consequences of Employee Holiday Gifts

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Article Highlights: De Minimis Fringe Benefits Cash Gifts Gift Certificates and Debit Cards Non-cash Vouchers Group Meals Tax Compliance and Planning It is common practice this time of year for employers to give their…

Important December Due Dates for Individuals & Businesses

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December 2025 Individual Due Dates December 1 - Time for Year-End Tax Planning December is the month to take final actions that can affect your tax result for 2025. Taxpayers with substantial increases or decreases in income, changes in marital…

Year-End Individual Tax Planning Opportunities

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Article Highlights: Not Needing to File a 2025 Return? Are Your Children Attending College? Did You Sell Your Home This Year? Do You Have an Employer Health Flexible Spending Account? Did You Become Eligible to Make Health…

Penalties That Can Wreck Your Finances

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The IRS Doesn’t Send Thank-You Notes—Just Penalty Notices You file a little late. You miss an estimated payment. You hire a remote employee in another state and forget to register for payroll taxes there. No big deal, right? The IRS…

Life Events That Impact Your Business Taxes

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When Change Hits Your Business, So Do Tax Consequences In business, change is constant. You start strong, add partners, grow fast, face challenges, and eventually think about what’s next. Each of those turning points—what we’ll call “life…

Why Cash Flow Planning Gets Harder as You Grow

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Growth Feels Great—Until It Doesn’t At first, running your business feels simple: money comes in, bills go out, and if there’s something left over, you’re doing fine. Then growth happens. More clients. Bigger projects. Higher payroll.…

Last-Minute Year-End Tax Tactics: Maximize Your Business Savings Now!

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Article Highlights: Tax Strategy Optimization Buy Equipment and Other Fixed Assets Section 179 Expensing Bonus Depreciation De Minimis Safe Harbor Year-end Inventory Management Contributing to a Retirement Plan …