by Jaclyn Lorimer | Feb 23, 2026 | Latest News
Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes or an S corporation? In tax lingo, these are called “pass-through” entities because their taxable income items, tax deductions and tax credits are...
by Jaclyn Lorimer | Feb 19, 2026 | Latest News
Every year, severe storms, flooding, wildfires and other disasters affect millions of taxpayers. Many experience casualty losses from damage to their homes or personal property. The One Big Beautiful Bill Act (OBBBA), signed into law last year, generally made...
by Jaclyn Lorimer | Feb 17, 2026 | Latest News
With 2025 in the rear view mirror and the tax filing deadline on the road ahead, it’s a good time for businesses to start gathering information about their deductible expenses for 2025. But what’s deductible (and what’s not) might not be as clear-cut as you think....
by Jaclyn Lorimer | Feb 16, 2026 | Latest News
For many employees, mobile phones are no longer a perk — they’re an essential business tool. However, issuing company phones or reimbursing employees for use of their personal devices can create hidden security risks, unexpected tax consequences and productivity...
by Jaclyn Lorimer | Feb 12, 2026 | Latest News
Debt is inevitable for most small and midsize businesses. Loans are commonly used to help fund a company’s launch, expansion, equipment purchases and cash flow. When problems arise, it’s generally not because debt exists; it’s because the terms of that debt no longer...
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...