Last week President Trump signed his highly anticipated “One Big Beautiful Bill” (OBBB), enacting a second round of major federal tax reform over the past decade. While the OBBB serves to extend various provisions of the 2017 Tax Cuts and Jobs Act (TCJA), it goes further to introduce various new provisions promised by President Trump… [keep reading…]
Tag: tax planning for businesses
Safeguard Your Personal Information While Shopping Online
Don’t let cybercriminals ruin your holiday season. Here’s some advice on safeguarding your personal information during the busiest online shopping period of the year.
End-of-Year Tax Strategies for Businesses
As the year winds down, it’s a great time for small business owners to start thinking about taxes. Taking some proactive steps now can make a significant difference in your tax bill and set your business up for a successful year ahead. Let’s explore some strategies that can help you maximize deductions and be financially… [keep reading…]
Business Year End Planning
Tax Planning for Businesses With tax year 2023 ending, we need to consider what can be done to help lower your tax bill for this year and next. With the uncertainty of pending legislation, here are some tax planning ideas for businesses. Review your accounting method Businesses typically use either an accrual method of accounting… [keep reading…]
Tax Updates and Planning for Businesses
With tax year 2022 coming to a close, we need to consider what can be done to help lower your tax bill for this year and next. With the uncertainty of pending legislation, here are some tax planning ideas for Businesses: Review your accounting method Businesses typically use either an accrual method of accounting or… [keep reading…]
Tax Planning for Businesses
With tax year 2021 coming to a close, we need to consider what can be done to help lower your tax bill for this year and next. With the uncertainty of pending legislation, here are some tax planning ideas for Businesses. Review your accounting method Businesses typically use either an accrual method of accounting or… [keep reading…]