Have You Used Up Your 2025 FSA Funds?
If you have a flexible spending account (FSA) through your employer to help pay for health or dependent care expenses, now is a good time to check your balance.
How Will Taxes Affect Your Merger or Acquisition?
Whether you’re selling your business or acquiring another company, the tax consequences can have a major impact on the transaction’s success or failure and should be a key factor when considering a merger or acquisition.
Plan Now to Ease Your Family’s Burdens Immediately After Your Passing
Planning for the end of life is never easy, but including your funeral and memorial wishes in your estate plan can relieve a major burden from your loved ones.
QuickBooks Desktop to Sunset in May 2027
If your organization uses any version of QuickBooks Desktop, please be advised that the application is due to sunset in May 2027. This means that critical safety and support features will no longer be available, including:
Fundraisers Should be Fun, but They Also Must be Profitable
If you’re planning a major fundraiser such as a dinner gala, you may be focused on the fun factors, such as the venue, menu, and entertainment.
High-Income Individuals: New Itemized Deduction Limitations Are Coming Next Year
Beginning in 2026, taxpayers in the top federal income tax bracket will see their itemized deductions reduced.
New Deduction for QPP Can Save Significant Taxes for Manufacturers and Similar Businesses
The One Big Beautiful Bill Act (OBBBA) allows 100% first-year depreciation for nonresidential real estate that’s classified as qualified production property (QPP).
Maryland Businesses: Claim Your $300 Exemption Before Year-End
If your business operates in Maryland, you may be eligible for a $300 exemption under the MarylandSaves Credit program. Here’s what you need to know:
2026 Cost of Living Adjustments
The IRS recently released the 2026 Cost of Living Adjustments for retirement plans and related items. These updates reflect changes designed to help individuals keep pace with inflation and maximize their savings opportunities.
Is a QTIP Trust Right for Your Blended Family?
A qualified terminable interest property (QTIP) trust can be a valuable estate planning tool if you have a blended family.