Part of our job as advisors is explaining important issues in the simplest possible terms and laying out possible strategies and solutions. We’re not looking to confuse you—we’re here to enlighten you and expand your understanding. Bookmark this page or subscribe to our weekly newsletter for a steady stream of helpful articles.
The One Big Beautiful Bill Act (OBBBA) allows new income tax deductions from 2025 through 2028 for qualified cash tips and overtime pay. If this applies to you, you may
Cybersecurity budgets increased by 4% this year according to the 2025 Security Budget Benchmark Report. Their report, which is based on responses collected by IANS Research and Artico Search, surveyed
A term you might hear regarding responsibilities is “fiduciary.” But what does it even mean? And who does it apply to? Generally, fiduciary refers to the legal and ethical obligations
You likely have a lot on your plate this time of year – from holiday shopping, to donating to your favorite charities, and planning get togethers with family and friends.
For federal tax purposes, interest paid or accrued by a business is generally deductible. However, some limitations apply. Under the newly enacted One Big Beautiful Bill Act (OBBBA), new changes
A powerful tool for consolidating and managing family wealth while reducing gift and estate taxes is family limited partnerships (FLP). These arrangements, however, are closely scrutinized by the IRS. This
As year-end approaches, calendar year entities that issue audited financial statements are gearing up for audit fieldwork. This includes tasks like closing their books, preparing schedules, and coordinating with external
The end of the year is a great time to revisit your gifting strategy. If you’re wanting to transfer wealth efficiently while reducing future estate tax exposure, a simple and
To keep pace with inflation, the IRS annually updates a range of employer provided fringe benefit limits. These limits are known as fringe benefit cost of living adjustments (COLAs). They
The One Big Beautiful Bill Act (OBBBA) brought a lot of new changes when it was enacted in July. One of those changes alters how tip income and overtime income
If you sponsor a 401(k) plan for employees, you understand it’s a lot to manage. But manage it you must. Under the Employee Retirement Income Security Act of 1974 (ERISA),
Even the most well-run companies are not safe from unanticipated crises. For small to midsize businesses, the risk is often greater, especially if the owner wears many hats. It’s important
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