TAX PLANNING & PREPARATION

TAX PLANNING & PREPARATION

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For Profit Entities

Accounting, Payroll and Tax Tips, Advice and News

Learn something new when you subscribe to our podcast, e-invites to webinars, and interesting blog articles to help you navigate the financial landscape.

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Article

Jen Burnett

November 24, 2025

The IRS releases 2026 contribution limits

With Notice 2025–67, the IRS has issued its 2026 inflation-adjusted retirement plan contribution limits. Although More

Article

Jim Rudnick

November 17, 2025

New deduction for QPP can save significant taxes for manufacturers and similar businesses

The One Big Beautiful Bill Act (OBBBA) allows 100% first-year depreciation for nonresidential real estate that’s More

Article

Jennifer Lownsbury

October 24, 2025

Should your business maximize deductions for real estate improvements now or spread them out?

Commercial real estate usually must be depreciated over 39 years. But certain real estate improvements — More

Article

Jordan Wrobleski

June 24, 2025

Six self-employment tax myths that can lead to costly mistakes

Being your own boss offers unmatched independence, but it also comes with complex tax responsibilities that are More

Article

Carolyn Halverson

January 27, 2025

The standard business mileage rate increased in 2025

The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage rate More

Article

Mitchell Erickson

December 29, 2024

IRS Updates 2026 tax guidance for Paid Leave benefits

On Friday, December 19th, the federal Internal Revenue Service (IRS) changed its guidance regarding federal tax More

Article

Jennifer Lownsbury

November 5, 2024

Beneficial Ownership Information (BOI) & Reporting

March 2, 2025 Press Release: Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act More

Podcast

September 1, 2024

Podcast: An interview with Andrea Wimmer

Check out our latest podcast (Episode 6) on Outsourced Accounting Services featuring Andrea Wimmer. It will air on More

Article

February 1, 2024

Update on IRS efforts to combat questionable Employee Retention Tax Credit claims

The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The More
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