by Jaclyn Lorimer | Feb 10, 2026 | Latest News
Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional changes are now in effect under the One Big Beautiful Bill Act, signed into law July 4, 2025. Here’s an overview of some...
by Jaclyn Lorimer | Feb 5, 2026 | Latest News
Here’s an overview of key figures for 2026. Be aware that exceptions or additional rules or limits may apply. Depreciation-related tax breaks Bonus depreciation: 100% Section 179 expensing limit: $2.56 million Section 179 phaseout threshold: $4.09 million Qualified...
by Jaclyn Lorimer | Feb 3, 2026 | Latest News
Did you know there’s a tax-advantaged way to save for the expenses of a person with a disability that’s similar to saving for college expenses with a Section 529 plan? Achieving a Better Life Experience (ABLE) accounts can help fund qualified disability expenses for...
by Jaclyn Lorimer | Jan 29, 2026 | Latest News
Strategic planning can feel overwhelming for business owners juggling sales goals, cash flow challenges, staffing needs and day-to-day operational issues. Although you may rely heavily on financial reports to make key decisions, numbers alone don’t always tell the...
by Jaclyn Lorimer | Jan 27, 2026 | Latest News
S corporation structure provides most of the tax benefits of a partnership plus the liability protection of a corporation. But because of the strict requirements that apply to these entities, preserving S corporation status requires due diligence. Reap the benefits...
