One of the lesser-known provisions of the One, Big, Beautiful Bill Act is a new deduction for certain vehicle interest. This provision allows taxpayers to ...
Transfer pricing in manufacturing: Tax compliance across borders If your manufacturing company operates through two or more entities and i...
If you requested an extension to file your tax return after the April 15, 2025, due date, the extended deadline is Wednesday, Oct. 15. If you have the info...
In baseball, the triple play is a high-impact defensive feat that knocks the competition out of the inning. In business, you have your own version — thre...
Now that the One, Big, Beautiful Bill Act is law, certain older taxpayers can enjoy a new tax break. For 2025 through 2028, those age 65 and up can claim a...
Some business owners got welcome news with the One, Big, Beautiful Bill Act (OBBBA). The new law makes the qualified business income (QBI) deduction perman...
How do you know if an email or text message purportedly from the IRS is real? Criminals are increasing their misuse of electronic messages, social media an...
The federal income tax rate on long-term capital gains and qualified dividends from securities held in taxable brokerage firm accounts is still 0% when the...
In accrual-basis accounting, timing is everything. One core principle of U.S. Generally Accepted Accounting Principles (GAAP) is the matching concept, whic...
Ever since the Tax Cuts and Jobs Act (TCJA) was signed into law in 2017, estate planners have had to take into account a looming date: January 1, 2026. Whi...
