Checking Off RMDs on the Year-End To-Do List
You likely have a lot of things to do between now and the end of the year, such as holiday shopping, donating to your favorite charities and planning get-togethers with family and friends. For older [...]
New Law Eases the Limitation on Business Interest Expense Deductions for 2025 and Beyond
Interest paid or accrued by a business is generally deductible for federal tax purposes. But limitations apply. Now some changes under the One Big Beautiful Bill Act (OBBBA) will result in larger deductions for affected [...]
There’s Still Time to Save 2025 Taxes
Just because it’s December doesn’t mean it’s too late to reduce your 2025 tax liability. Consider implementing one or more of these year-end tax-saving ideas by December 31. Defer income and accelerate deductions Pushing income into [...]
California Employers: CalSavers Deadline is December 31, 2025
If you're a California employer with at least one W-2 employee and you don't already offer a qualified retirement plan, you're required to either register for CalSavers or claim an exemption by December 31, 2025. [...]
Individual Q4 Estimated Tax Payment Reminder: January 15, 2026 Deadline
If you make quarterly estimated tax payments, mark your calendar: the final due date is January 15, 2026, which applies to income earned in the fourth quarter of 2025. This applies to self-employment income, investment [...]
The Great Starbucks Gift Card Incident of 2025 (And Why Your Holiday Inbox is a Minefield)
Picture this: Thanksgiving week at an accounting firm. Everyone's wrapping up projects before the holiday, planning their Black Friday strategy, when suddenly—Christmas came early! A $25 Starbucks gift card lands in everyone's inbox. "How thoughtful!" [...]