Tax Court case provides lessons on best recordkeeping practices for businesses
September 24, 2025
Recordkeeping may not be glamorous, but it’s one of the most powerful tools to protect your business and maximize tax benefits. Here are the details of a recent court case that underscores the importance of keeping strong records, along with six key practices.
Payroll tax implications of new tax breaks on tips and overtime
September 12, 2025
The One Big Beautiful Bill Act creates new limited deductions for tips and overtime income through 2028. Find out if you qualify and what it means for your tax bill.
Run a business with your spouse? You may encounter unique tax issues
September 11, 2025
Do you and your spouse operate a small business together? Here are some tax-saving strategies to explore.
New rules could boost your R&E tax savings in 2025
September 5, 2025
If your business has incurred domestic research and experimental expenses in 2025 (or incurred them in 2022, 2023 and/or 2024), you may have a new tax-saving opportunity this year.
Teachers and others can deduct eligible educator expenses this year — and more next year and beyond
September 4, 2025
Are you an educator spending money out of your pocket on classroom supplies? You may be eligible for a tax break.
Investing in qualified small business stock now offers expanded tax benefits
August 29, 2025
The OBBBA enhances the tax benefits of qualified small business stock. Here’s how.
