3 critical questions to ask when acquiring construction equipment
Construction business owners: Are you grappling with the difficult decision of whether to buy or lease equipment? Let’s explore three key questions to help you make the right choice.
Should your nonprofit offer staffers dependent FSAs?
Dependent care FSAs often appeal to employees with young children or other dependents. We explain how this tax-advantaged fringe benefit works and how you can offer it to your nonprofit’s staffers.
Should your construction company conduct a cybersecurity assessment?
Construction businesses are just as vulnerable to cyberattacks as many other companies. To understand how secure your systems really are, consider a formal cybersecurity assessment.
Revisiting the balanced scorecard approach to strategic planning
Strategic planning isn’t a one-size-fits-all endeavor. For over 30 years, the balanced scorecard approach has helped many businesses align strategy and performance. Details here.
Change orders require careful accounting
Change orders can change everything for contract-based businesses. Whether they boost revenue or cause financial reporting problems often comes down to accounting. Here’s what you need to know.
IRS releases critical guidance on calculating tips and overtime deductions for 2025
The IRS has issued guidance for taxpayers wanting to claim new deductions for qualified tips income and qualified overtime compensation for 2025.
Protect business continuity with an emergency succession plan
A sudden crisis can create a leadership vacuum from which even a strong business may never recover. The solution: Develop and implement a sound emergency succession plan.
Ready to grow your nest egg? The IRS releases 2026 retirement plan contribution limits
How will the 2026 retirement plan contribution limits affect your retirement savings strategy?
Is it time for your business to start outsourcing?
Outsourcing has long been a viable option for growing businesses. But deciding when the time is right to engage outside providers isn’t always easy. Let’s weigh the pros and cons.
INCOME TAX PLANNING FOR BUSINESSES WITH THE ONE BIG BEAUTIFUL BILL ACT
H.R. 1 otherwise known as the One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025, by President Trump. The OBBBA makes many of the Tax Cuts And Jobs Act (TCJA) provisions, that were set to expire at the end of 2025, permanent and introduces new tax legislation that should be considered during year-end income tax planning.
2025 YEAR-END INCOME TAX PLANNING FOR INDIVIDUALS
The OBBBA makes many of the Tax Cuts And Jobs Act Of 2017 (TCJA) provisions, that were set to expire at the end of 2025, permanent and introduces new tax legislation that should be considered as part of your individual income tax planning. The following are selected legislation changes affecting 2025 year-end income tax planning.
Nonprofits: Tax rules for holiday gifts and celebrations
There’s nothing wrong with giving staffers and volunteers holiday gifts or throwing a party for them. ’Tis the season! Just follow IRS rules to minimize your tax exposure.