When an employee informs you that they’ve changed their name, it’s important to handle the update properly—both to show respect for the employee and to stay … [Read more...]
An employee let us know they changed their name. What documentation do we need, and what changes do we need to make?
July 9, 2025 by Nicholle Peterson
One, Big, Beautiful Bill Act: Key Provisions Affecting HSAs and FSAs
July 9, 2025 by Jen Burnett
We have some updates regarding health and dependent care benefits, as a result of the One, Big, Beautiful Bill Act (OBBBA) signed into law on July 4, 2025. … [Read more...]
Understanding spousal IRAs: A smart retirement strategy for couples
July 8, 2025 by David Corneil
Retirement planning is essential for all families, but it can be especially critical for couples where one spouse earns little to no income. In such cases, a … [Read more...]
President Trump signs his One, Big, Beautiful Bill Act into law
July 8, 2025 by Mitchell Erickson
On July 4, President Trump signed into law the far-reaching legislation known as the One, Big, Beautiful Bill Act (OBBBA). As promised, the tax portion of the … [Read more...]
Milestone moments: How age affects certain tax provisions
July 7, 2025 by Mitchell Erickson
They say age is just a number — but in the world of tax law, it’s much more than that. As you move through your life, the IRS treats you differently because key … [Read more...]
Tap into the 20% rehabilitation tax credit for business space improvements
July 7, 2025 by Jim Rudnick
If your business occupies a large space and you’re planning to relocate, expand or renovate in the future, consider the potential benefits of the rehabilitation … [Read more...]
Startup costs and taxes: What you need to know before filing
July 7, 2025 by Karla Hemmesch
The U.S. Census Bureau reports there were nearly 447,000 new business applications in May of 2025. The bureau measures this by tracking the number of businesses … [Read more...]
Six self-employment tax myths that can lead to costly mistakes
June 24, 2025 by Jordan Wrobleski
Being your own boss offers unmatched independence, but it also comes with complex tax responsibilities that are often misunderstood. With so much inaccurate … [Read more...]
Is college financial aid taxable? A crash course for families
June 24, 2025 by Annette Benson
College can be expensive. According to the College Board, the average sticker price for tuition and fees at private colleges was $43,350 for the 2024–2025 … [Read more...]
DOs and DON’Ts to help protect your business expense deductions
June 23, 2025 by Stacey Seviola
If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete … [Read more...]
