Do Voting Rights Matter When Valuing Closely Held Business Interests?
Differences in owners’ voting rights can impact the value of a business interest — but not always. A business valuation professional must thoughtfully evaluate ownership rights and restrictions to arrive at a reliable value conclusion. Here’s how the pros factor […]
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How to Make Financial Reports Easier for Stakeholders to Understand
Financial statements are essential tools for evaluating performance, planning for growth and managing risk. Yet many business owners, board members, donors and investors don’t have formal accounting training. Presenting financial information in a clear, approachable way can help stakeholders better […]
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Prioritize Cash Flow Management to Keep Your Manufacturing Business Healthy
For manufacturers, strong cash flow management is essential to maintaining stability and supporting long-term growth in an increasingly competitive and unpredictable market. Rising material costs, supply chain disruptions, labor shortages and fluctuating customer demand can quickly strain working capital and […]
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Records Retention: What to Keep, What to Toss and Why It Matters
With tax season in the rearview mirror, many individuals and business owners wonder how long they should hold on to tax-related records — and what can safely be discarded. Different types of documents have different retention recommendations and requirements, and […]
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Federal Tax News for Businesses – June 2026
Tax laws and regulations continue to evolve. Stay ahead of the latest developments affecting your business, and contact the tax experts at Hall Kistler if you have questions about how these updates may impact your operations. Fertility Benefits Could Expand […]
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Exploring Whether to Make Roth Contributions to Your 401(k)
A Roth option is now almost universally offered by 401(k) plans, according to the Plan Sponsor Council of America's 68th annual survey, which covers the 2024 plan year. If you participate in your employer's 401(k) and have access to this […]
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Federal Tax News for Individuals – May 2026
Is Your Child's Financial Aid Taxable? If you're currently evaluating financial aid awards for your college-bound child, it's important to understand what types of assistance are taxable. In general, free-money scholarships, fellowships, grants and tuition "discounts" are nontaxable. However, they […]
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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 classified as qualified production property (QPP). This provision can accelerate depreciation deductions and potentially reduce tax obligations for businesses that […]
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Emerging Tax and Regulations Alert – April 16
Don’t sleep on these after-tax-day tips With the April 15 tax filing deadline in the rearview mirror, you’re likely to turn your attention to other things. But before you do, it’s in your best interest to tie up a few […]
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Demystifying the Tax Rules for Net Operating Losses
Taxpayers who suffered net operating losses (NOLs) in the 2025 tax year may hope to take advantage of them to reduce future tax bills. However, various limits determine eligibility for NOL deductions and the size of those tax breaks. In […]
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Federal Tax News for Individuals – April 2026
IRS Issues Guidance on New Trump Accounts On March 6, the IRS issued proposed regulations addressing Trump Accounts (TAs), which were created under the One Big Beautiful Bill Act. TAs provide families with a new way to build savings for […]
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What to Do When You Can’t Pay Your Tax Bill
Taxpayers often discover after their federal income tax returns are prepared that they owe more than expected. If you can't pay your bill in full, you may be unsure what to do next. Here's what you need to know about […]
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