Major Change: OBBBA and R&E Expense Deductions

Nov 12, 2025 Elizabeth Michalak

Background: The Impact of the TCJA Since 2022, the Tax Cuts and Jobs Act (TCJA) has required businesses to capitalize and amortize domestic research and experim...

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Tax Law Changes: 10 Provisions Employers Need to Know

Nov 11, 2025 Kirsch CPA Group

The One Big Beautiful Bill Act (OBBBA) includes a number of tax law changes that affect employers. Here are 10 key provisions employers need to understand to en...

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Funding for Manufacturers That Build in Rural Qualified Opportunity Zones

Nov 10, 2025 Kirsch CPA Group

The Qualified Opportunity Zone (QOZ) program, created by the Tax Cuts and Jobs Act, was slated to expire after 2026. The One Big Beautiful Bill Act (OBBBA), how...

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New Overtime and Tip Deductions Under the OBBBA — What Employers Need to Know

Nov 05, 2025 Becky Byrd

The One Big Beautiful Bill Act (OBBBA), effective for tax years 2025 through 2028, introduces two new above-the-line deductions for individuals: Qualified Tips ...

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Factoring Tax Law Changes into a Business Valuation

Sep 16, 2025 Kirsch CPA Group

Several 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...

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Important Changes to Charitable Deductions: What You Need to Know for 2026 and How to Plan in 2025

Sep 15, 2025 Stephanie Rupnik

There 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...

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QBI Deduction: How the OBBBA Improves the Rules

Sep 10, 2025 Kirsch CPA Group

Many owners of pass-through businesses and self-employed individuals have taken advantage of the Section 199A qualified business income (QBI) deduction. Created...

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Small Business Tax Planning Tips

Sep 03, 2025 Kirsch CPA Group

The 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 ...

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New Tax Rules Have Been Set: Start Planning Now

Sep 02, 2025 Kirsch CPA Group

Individual 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...

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6 Pertinent Provisions of the OBBBA for Construction Companies

Aug 27, 2025 Kirsch CPA Group

It’s been about a month since the One, Big, Beautiful Bill Act (OBBBA) was signed into law. Now that the dust has settled, construction business owners an...

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