Business Tax Update: IRS Guidance on QPP Depreciation Rules
Under the One Big Beautiful Bill Act (OBBBA), eligible businesses can claim 100% first-year depreciation for nonresidential real estate that’s ... Read More >
Under the One Big Beautiful Bill Act (OBBBA), eligible businesses can claim 100% first-year depreciation for nonresidential real estate that’s ... Read More >
Conventional wisdom dictates that, when leaving a job, you should generally roll over the balance of your employer-sponsored qualified retirement plan ... Read More >
Because of recent tax law changes, income taxes — not estate taxes — are now a more significant focus in estate planning. And one key planning ... Read More >
Filing your 2025 federal income tax return can provide valuable insights to help with 2026 tax planning. For example, if you receive a large refund ... Read More >
How can you deduct interest expense on your 2025 individual federal income tax return and beyond? Let us count the ways. As you’ll see, some ... Read More >
WE MADE THE LIST OF LARGEST ACCOUNTING FIRMS IN THE PHILADELPHIA AREA AGAIN We made the Philadelphia Business Journal list of the 43 largest accounting ... Read More >
It’s officially tax season. As you prepare your 2025 return, you can turn to many resources for help, including your tax advisor. For guidance ... Read More >
Do you regularly donate to charity? In the past, you may have derived generous tax benefits for your contributions without much forethought. Or perhaps ... Read More >
How The Postmark Change Impacts Tax Return Filings and Payments A recent change by the U.S. Postal Service may affect how the IRS treats certain tax ... Read More >
The demand for long-term care facilities in the United States continues to rise, along with the costs. Someone who turns 65 today has roughly a 70% ... Read More >
Every year, the amounts allowed for various federal tax benefits are subject to inflation adjustments and legislative changes. 2026 Federal Tax Benefits ... Read More >
Significantly fewer taxpayers have owed the alternative minimum tax (AMT) for the last several years. This is because the Tax Cuts and Jobs Act (TCJA) ... Read More >
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. ... Read More >
Qualified small business (QSB) stock has received very favorable federal income tax treatment for many years. Starting in 2025, the One Big Beautiful ... Read More >
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 ... Read More >
The One Big Beautiful Bill Act (OBBBA) introduces significant tax changes with far-reaching implications for real estate investors and developers. ... Read More >
The One Big Beautiful Bill Act (OBBBA) introduced or updated numerous business-related tax provisions. The changes that are likely to have a major ... Read More >
As we approach the end of 2025, it’s time to evaluate your year-end tax planning and deduction strategies. One important decision is whether ... Read More >
Section 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 ... Read More >
In today’s labor market, your business may need to think outside the box to find employees to fill open positions. The good news: You may be ... Read More >