Taxes March 24, 2026
28% of Fortune 1000 Now Active in Clean Energy Tax Credit Market
Total tax credit monetization reached $63 billion in 2025, a 27% year-over-year increase.
Taxes March 23, 2026
12 Little-Known Tax Deductions Many Business Owners Miss
From start-up costs to even health insurance premiums, identifying overlooked expenses early can make a meaningful difference to a company’s tax returns.
Tax Planning March 4, 2026
10 Key Tax Tips for Businesses Filing in 2026
Several One Big Beautiful Bill Act provisions affect taxable income reported on 2025 returns filed in 2026, making a thorough review essential to avoid missed savings or compliance issues.
Taxes December 8, 2025
AICPA Tells Treasury to Simplify Passthrough Entity Reporting Requirements
The suggestions include recommendations to help alleviate time compression constraints currently impacting the ability of tax practitioners to prepare complete and accurate returns for PTEs, specifically those with tiered structures.
Taxes December 6, 2025
Tax Court Rules No Tax-Free Pass on S Corp Income
With an S corporation, the owners are of the business essentially taxed like partners in a partnership. In contrast, C corporation owners must cope with “double taxation” where income is first taxable to the corporation and then distributions are taxed to the owners.
Taxes November 4, 2025
Washington State Spent a Billion in Tax Breaks to Help Tech Dominate, But Was it Worth it?
What began as a modest incentive meant to foster economic development in a nascent field became a billion-dollar windfall of questionable effectiveness. The tax breaks are now expired, but participating companies continue to benefit to this day.
OBBBA Tax Act August 28, 2025
Business Interest Limits: Take Advantage of the Expanded Rules
The One Big Beautiful Bill Act greatly expands business interest deduction limits, which is a boon to capital-intensive businesses with significant interest expense — potentially reducing their federal corporate tax liability and enhancing financial flexibility.
Taxes August 19, 2025
Exploring the Role of Partnerships in Qualified Small Business Stock (QSBS) Planning
A key requirement of Section 1202 is that the issuer of qualified small business stock (QSBS) must be a domestic (US) C corporation.
Taxes August 7, 2025
OBBBA: Where to Start for Corporations
The One Big Beautiful Bill Act (OBBBA) has introduced several changes with important implications for businesses.
Small Business July 30, 2025
A Section 1202 Walkthrough: The Qualified Small Business Stock Gain Exclusion
A further benefit of owning QSBS is that a taxpayer who sellers QSBS can make a Section 1045 election to roll proceeds tax-free into other QSBS investments.
Taxes July 22, 2025
Operation Needed to Claim Net Operating Losses
Prior to the Tax Cuts and Jobs Act (TCJA) NOLs could be carried back two years to offset taxable income before being carried forward for up to 15 years.
Special Section: Guide to 2025 Tax Changes July 11, 2025
New OBBBA Federal Tax Law Prompts Planning Surge, Complexity for CPAs
In the wake of the sweeping One Big Beautiful Bill Act (OBBBA), signed into law just one week prior, accounting professionals are scrambling to understand and apply a raft of new federal tax provisions.