Last year’s One Big Beautiful Bill Act (OBBBA) created a new but temporary special depreciation deduction allowance for qualified production property (QPP). Certain manufacturing related real property placed in service
In January, Gallup published a survey stating that only 30% of supervisors that responded were placed in their roles due to their skills or experience in supervising. The survey also
Estate planning for intellectual property is an important consideration when intangible assets make up a meaningful portion of overall wealth. While estate plans often focus on real estate, investments and
Wage garnishments can be one of the more complex areas of payroll, with different rules, calculation methods, and compliance requirements depending on the situation. For employers, understanding how garnishments work
Separating business and real estate ownership is a strategy many businesses use by holding property in a separate entity, such as a limited liability company (LLC) or limited partnership. Structuring
Non-profit finance committee best practices start with understanding the committee’s role in maintaining financial stability and accountability. More than just reviewing financial statements, the finance committee helps shape strategy, supports
Most business valuations focus on a company’s value as a going concern, meaning it is expected to keep operating. But when a business is facing financial challenges, liquidation value, or
Recent legislation, including the One Big Beautiful Bill Act (OBBBA), accelerated the phaseout of several clean energy tax credits. However, if you purchased an electric vehicle or completed certain energy-efficient
Did you know your business may qualify for working animal tax deductions? From guard dogs protecting property to cats controlling rodents, the IRS allows deductions for animals that serve a
With the help of artificial intelligence (AI), many time-consuming accounting and bookkeeping processes, such as transaction coding and financial analysis, can now be streamlined. AI helps finance and accounting teams
