Monthly Bulletins

The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over last, so many amounts will increase over 2024 but not as much as in the […]

Starting a business involves a great deal of decision making. One of the first, and most important, decisions is choosing a business structure. A business structure can affect how much you pay in taxes, the paperwork you are required to […]

Hurricane Milton has caused catastrophic damage to many parts of Florida. Less than two weeks earlier, Hurricane Helene victimized millions of people in multiple states across the southeastern portion of the country. The two devastating storms are among the many […]

A Business Tax Deduction for Working Pets If you're a business owner, you may be able to deduct "ordinary and necessary" expenses related to keeping working animals. But the operative word here is "working," for example, dogs that guard against […]

Charitable donations can provide businesses with significant tax savings. But for gifts over a certain amount, they must obtain a contemporaneous written acknowledgement of their donations to qualify for a charitable contribution deduction. Failing to do so can prove costly. […]

During uncertain times, you may be concerned about the effects world events will have on your financial affairs. Of course, there are no absolute guarantees of protection, but shoring up your defenses and laying the groundwork for a comprehensive wealth-management […]

Early voting for the 2024 election has already kicked off in some states, but voters are still seeking additional information on the candidates’ platforms, including their tax proposals. The details can be hard to come by — and additional proposals […]

Taking Money Out of Your IRA If you withdraw money from a traditional IRA before age 59½, you'll generally owe income tax plus a 10% penalty on the amount. But there are exceptions, including if you withdraw the money to […]

Residential real estate prices in many markets have surged over the last few years. As a homeowner, you may be sitting on a significant unrealized gain, especially if you've owned your principal residence for a while. That's good news if […]

If you're a contractor, manufacturer or another type of business that deals with hazardous materials, you're probably already mindful of the legal and practical steps you need to take to safeguard your employees and facilities. On the other hand, if […]

In April 2024, the Federal Trade Commission (FTC) approved a final rule prohibiting most noncompete agreements with employees. The ban was scheduled to take effect on September 4, 2024, but ran into multiple court challenges. Now the court in one […]

The IRS has announced several tax-compliance initiatives that focus on businesses. Here’s a look at three of them.