FAQs About the Research Credit
Companies that engage in research and development activities may qualify for a federal tax credit for some of those expenses. The credit is complicated to calculate, and not all research activities are eligible — but [...]
It’s Your Last Chance to Claim These Clean Energy Tax Breaks
Last year’s One Big Beautiful Bill Act (OBBBA) terminated several clean energy tax incentives earlier than previously scheduled. But if you bought an electric vehicle or made certain green home improvements last year, you might [...]
Don’t Miss Your Opportunity to Make a 2025 IRA Contribution — Whether You Can Deduct It or Not
Generally, each year you can contribute up to the annual limit to a traditional or Roth IRA (or a combination of the two). But once the contribution deadline has passed, the opportunity to contribute for [...]
AI in Wine Country: The Robots Aren’t Taking Your Job (But They Might Change It)
Quick question: When's the last time you thought about artificial intelligence while sipping a nice Sonoma Pinot? Probably never—and that's exactly how the wine industry liked it. Winemaking is tradition. It's terroir. It's a third-generation [...]
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” [...]