News & Resources

pexels-mikhail-nilov-6963909 (1)

Hobby or Business? How to Deduct Losses and Avoid IRS Challenges

Let's say you have an unincorporated sideline activity that you think of as a business, including an activity involving horses. If you have a net loss (deductible expenses exceed revenue)...

Federal Tax Updates Every Business Owner Should Know This Summer

Summer interns can help fill gaps The labor market is tight. As many employers seek summer interns to fill the gaps, it's critical to comply with federal laws, primarily the...
taxes-646509_1280

QBI Deduction Made Permanent Under OBBBA

Many owners of pass-through businesses and self-employed individuals have taken advantage of the Section 199A qualified business income (QBI) deduction. Created by the Tax Cuts and Jobs Act (TCJA), this...
Divorce

Why Investment Value Is Gaining Ground in Divorce Cases

In some jurisdictions, investment value — rather than fair market value — has emerged as the preferred standard of value in some divorce cases. This trend is important to monitor to ensure...
pexels-mikhail-nilov-6963909

How Does the New Tax Law Affect Your Family? 7 Breaks to Know

The One, Big, Beautiful Bill Act (OBBBA), which was enacted on July 4, generally extends and expands tax provisions that were scheduled to expire at year end. Here are seven...

NEWSLETTER SIGNUP

Sign-up for our e-Newsletter
First Name:
Last Name:
Email Address (required):
Newsletters
Business e-newsletter
Individual e-newsletter

FOLLOW US