Sale of a property can lead to unexpected tax consequences for rental operators. Most rental real estate operators are aware of the tax...

The WHite House pushed out new tax legislation aimed at extending and making tax changes for individual taxpayers. The recent passage of HR 1 EAS, also known as the One Big Beautiful Bill, brings significant changes to individual tax provisions. The bill extends and expands several key tax benefits, delivering on former President Trump’s campaign promises to keep taxes low and to build upon the Tax Cuts and Jobs Act (TCJA) of 2017. Here is a breakdown of the major individual

The US Capital Building, where the finer points of HR1 were debated between the House and Senate up until July 3rd before being signed by...

Certified Public Accountants are uniquely qualified to help small businesses and their owners are prepared and plan for taxes. Running a...

It's never too early to investigate tax strategies as a small business owner, especially relating to Self-Employment taxes. Running your...

Are you a New York resident wondering if you qualify for the upcoming 2025 inflation refund? As part of the New York State fiscal year...

A new tax proposal from House Republicans could bring significant changes for both small businesses and individual taxpayers. The...

Row of single family homes in a development One of the most common and effective ways to build long-term wealth is through investing in...

As a taxpayer, you may be aware that when you don’t pay enough taxes throughout the year, you could face a large tax bill when filing...

This tax credit for home owners allows them to make needed energy efficient improvements while saving on taxes.

As a small business owner, choosing the right business structure for your company is one of the most important decisions you’ll make. The...

Wait Staff reporting tips. When these are reported, the employer has to pay their portion of the payroll taxes. Restaurants are able to...

An accountant diligently fills out a financial form, using a calculator for precise calculations at a modern office desk. As a business...

Understanding the Illinois PTE Tax Credit for Business Owners As a business owner in Illinois, it’s crucial to be aware of tax-saving...

As a small business owner, staying ahead of your tax obligations is one of the most strategic moves you can make to ensure your...

The Tax Cuts and Jobs Act has been helpful for businesses in the past. But some of these provisions expire soon, effecting small business.