Every construction project needs a plan for completing the work on time and within budget. Similarly, every contractor needs an exit plan for eventually leaving...
Payroll Tax Fundamentals for Small Businesses
Aug 19, 2026Every time your small business pays an employee, you’re responsible for both issuing an accurate paycheck and withholding, paying and reporting an assortm...
Multistate Tax Liability: What’s Your Manufacturing Business’s Exposure?
Aug 12, 2026As your manufacturing business expands into new markets, its state and local tax obligations become increasingly complex, spinning a web of different rules and ...
Midyear Tax Planning for Privately Held Businesses
Jun 23, 2026Midyear tax planning is especially important for owners of pass-through businesses, including sole proprietorships, single-member LLCs, partnerships and S corpo...
Trump Account Contribution Program: Planning Opportunities for Employers
Jun 18, 2026Beginning in July 2026, employers may be able to contribute up to $2,500 annually to eligible Trump Accounts on a tax-advantaged basis through a Trump Account C...
Time-Sensitive Refund Opportunity for COVID-Era IRS Penalties and Interest
May 19, 2026A recent federal court decision may create refund opportunities for taxpayers who paid certain IRS penalties or interest connected with the COVID-19 period. In ...
Increase In SALT Deduction Impacts Many Manufacturers’ Tax Planning
May 13, 2026Privately held manufacturers may benefit from the temporary increase to the limit on the federal income tax deduction for state and local taxes (SALT). HereR...
Related Business Entities Must Understand Transfer Pricing Before Crossing Borders
May 11, 2026As businesses grow, they may decide to operate in different states or countries using related entities. This may involve a parent and subsidiary arrangement or ...
IRS CP53E Notice: Is it Legitimate and What Does It Mean?
May 05, 2026Some taxpayers have recently received an IRS CP53E notice. In many cases, the notice is legitimate. In others, it may have been sent by mistake—or could even ...
Claiming the QBI Deduction for Rental Real Estate
May 04, 2026The One Big Beautiful Bill Act (OBBBA), enacted in 2025, made permanent the federal income tax deduction for qualified business income (QBI). This break was ori...