In many types of businesses, it’s common for employees to spend money on behalf of the company — such as for travel, client meals or supplies. How those...
Video: The One, Big, Beautiful Bill Impacts
In this video, learn about the One, Big, Beautiful Bill Act as presented by Kirsch CPA Group at the Fairfield Chamber of Commerce’s Business Roundtable.
This video includes key highlights of the new tax legislation, its impact on small businesses, and actionable steps you can take before year-end to maximize savings.
Larger QBI Deductions Will Soon Be Available to Many Manufacturers
Oct 07, 2025In a 2024 National Association of Manufacturers (NAM) survey, 93% of respondents who operate as pass-through entities stated that the impending expiration of th...
How the QSB Stock Sale Rules Have Become More Favorable
Oct 01, 2025Qualified small business (QSB) stock has received very favorable federal income tax treatment for many years. Starting in 2025, the One Big Beautiful Bill Act (...
Practical Examples of QSB Gain Exclusion Post-OBBBA
Oct 01, 2025Qualified small business (QSB) stock offers valuable tax-saving opportunities, especially with the enhanced gain exclusion limits under the One Big Beautiful Bi...
The ABCs of 529 Plans and ABLE Accounts under the OBBBA
Sep 19, 2025Section 529 plans are most commonly used as a tax-favored way to save and pay for college expenses. You might be reluctant to open a 529 account for your child ...
Factoring Tax Law Changes into a Business Valuation
Sep 16, 2025Several provisions of the One, Big, Beautiful Bill Act (OBBBA) — enacted on July 4, 2025 — alter the tax rules for businesses. The new law generally extends...
Important Changes to Charitable Deductions: What You Need to Know for 2026 and How to Plan in 2025
Sep 15, 2025There will be significant changes to the charitable deduction rules that will take effect for tax years 2026 and beyond. These changes may impact your tax plann...
QBI Deduction: How the OBBBA Improves the Rules
Sep 10, 2025Many owners of pass-through businesses and self-employed individuals have taken advantage of the Section 199A qualified business income (QBI) deduction. Created...
Small Business Tax Planning Tips
Sep 03, 2025The One Big Beautiful Bill Act (OBBBA), which became law on July 4, 2025, includes many favorable changes that will help small businesses and their owners. But ...
New Tax Rules Have Been Set: Start Planning Now
Sep 02, 2025Individual taxpayers faced significant tax planning uncertainty for the first six months of the year. Many provisions of the Tax Cuts and Jobs Act of 2017 (TCJA...