The 2025 House Budget Resolution proposes major tax cuts, extended TCJA benefits, and policy changes that could impact taxpayers. Stay informed on the latest.
Blog
OSHA’s New PPE Requirement: How to Budget for Compliance Effectively
Learn how to budget effectively for OSHA’s new PPE compliance requirements—ensure properly fitting personal protective equipment, plan and track PPE expenses, negotiate with suppliers, and take advantage of tax deductions to keep costs manageable while protecting workers and staying compliant.
Future-Proof Your Business with Dynamic Budgeting
Future-proof your business with dynamic budgeting and rolling forecasts that replace static annual plans with flexible, regularly updated financial projections—helping you make smarter decisions, maintain cash flow accuracy, and rapidly adapt to market changes.
Building Stability: How to Manage Bonding and Insurance Costs in Construction
In construction, success isn’t just about laying bricks or pouring concrete. Behind every project, there’s a financial framework that keeps things running smoothly. Bonding and insurance are two critical pieces of that framework.
What the IRS Inflation Adjustments for 2025 Mean for You
For 2025, the IRS has updated tax brackets, deductions, credits, and more. Here’s a simple explanation of what’s new and how it might affect you.
Significant Changes Are Coming for Digital Asset Taxes: Here’s What You Need to Know
If you’ve been trading or holding digital assets, some significant tax changes are heading your way, and they could shake up how you track and report your transactions. Starting January 1, 2025, the universal accounting method is going away. In its place, the IRS is...
Choosing the Right Business Structure: Tax Implications You Need to Know
Choosing the right business structure is one of the most important decisions a business owner can make, especially regarding taxes. The entity you choose will determine how you pay taxes, how much you’ll owe, and how your personal assets are protected. Whether you're...
Gift vs. Inheritance: Which Is the Wiser Tax Move for Your Home?
A common question, and one where many taxpayers often make mistakes, is whether it is better to receive a home as a gift or as an inheritance. Generally, from a tax perspective, it is more advantageous to inherit a home rather than receive it as a gift before the...
Utilizing Tax-Deferred Retirement Plans for Business Owners
Planning for retirement is a crucial aspect of managing a small business. Unlike traditional employees who may have access to employer-sponsored benefits, business owners must proactively manage their retirement savings. This involves navigating fluctuating incomes...
Navigating the Vermont Child Care Contribution: What Business Owners Need to Know
As a business owner in Vermont, you are no stranger to the complexities of tax planning and financial management. A new legislative change that could significantly impact your operations is the Vermont Child Care Contribution. Established through Act 76, this...