April 15 is the Deadline for More Than Just Your Income Tax Return
You know your 2025 federal income tax return is due April 15, 2026. But do you know what else has an April 15 deadline? If you don’t, you could miss out on valuable tax-saving opportunities or become [...]
When Your Boss Calls, But It’s Not Really Your Boss: Deepfake Fraud Is Here
Picture this: Your CFO calls you on Zoom. She's asking you to process an urgent wire transfer for a confidential acquisition. You can see her face. You recognize her voice. Other executives are on the [...]
IRS Launches New Web Page to Streamline Tax Fraud and Scam Reporting
The Internal Revenue Service announced the launch of a new web page that allows taxpayers to confidentially report suspected tax fraud, scams, evasion, or other tax-related illegal activities, as well as internal-facing improvements that will enhance how [...]
The Great Subscription Creep: How Software Costs Are Quietly Eating Your Budget
Quick question: How many software subscriptions does your business pay for right now? If you answered with confidence, you're in the minority. If you said "I think around 10 or 15?" you're probably closer to [...]
When Medical Expenses are — and aren’t — Tax Deductible
If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income tax return. Income-based thresholds and other rules can make it hard to claim the medical [...]
Increase Your Current Business Deductions Under Tangible Property Safe Harbors
Did your business make repairs to tangible property, such as buildings, equipment or vehicles, in 2025? Such costs may be fully deductible on your 2025 income tax return — if they weren’t actually for “improvements” [...]
Before Claiming a Charitable Deduction for 2025, Make Sure You Can Substantiate It
If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you made last year. But your gifts must be substantiated in accordance with IRS requirements. Exactly [...]
Some Small Businesses Can Still Benefit from the Health Care Coverage Credit
Tax credits reduce tax liability dollar-for-dollar. As a result, they can be more valuable than deductions, which reduce only the amount of income subject to tax. One tax credit that hasn’t been getting much attention [...]
Construction Tax Planning Starts with Your Accounting Method
Construction company owners operate in one of the most complex business environments of any industry. Long-term contracts, retainage, fluctuating job costs, labor constraints, and uneven cash flow all affect how a company is managed day [...]
The Great Hardware Squeeze: What Rising Tech Costs Mean for Your Business (And Your Budget)
Remember when you could order a new laptop and have it show up in a week without breaking a sweat—or your budget? Those days are feeling increasingly like a distant memory. If you've tried to [...]