What you still need to know about the alternative minimum tax after the new law
The alternative minimum tax (AMT) is a separate federal income tax system that bears some resemblance to the regular federal income tax system.
The QBI deduction and what’s new in the One, Big, Beautiful Bill Act
The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners. It allows eligible taxpayers to deduct up to 20% of QBI, not to exceed 20% of taxable income.
What families need to know about the new tax law
The One, Big, Beautiful Bill Act (OBBBA) has introduced tax changes that could affect families. The sooner you start planning for the changes in the One, Big, Beautiful Bill Act, the better positioned you’ll be. Here are some of the new provisions affecting families. Contact our tax advisors for guidance.
2 options for creating a charitable legacy: Lifetime gifts and charitable bequests at death
Estate planning is about more than just distributing assets; it’s an opportunity to reflect your values and legacy. Here are two options for making charitable contributions while creating a charitable legacy. Contact our estate planning advisors with questions.
The OBBBA: What it means for nonprofits
New tax legislation contains both good news and bad news for nonprofits. We highlight several OBBBA provisions that may affect your organization. Contact our nonprofit advisors with questions.
Unlocking wealth: How the One Big Beautiful Bill and 100% bonus depreciation supercharges real estate and short-term rental investments
The One Big Beautiful Bill, signed into law in July 2025, has permanently reinstated 100% bonus depreciation—a powerful tax incentive that’s reshaping investment strategies across the country. Read here what this could mean for real estate professionals.
The One, Big, Beautiful Bill Act provides certainty for estate planning
The One, Big, Beautiful Bill Act permanently makes advantageous changes to the federal gift and estate tax exemption amount. Here’s the story. Contact our estate planning consultants for details on two strategies (a spousal lifetime access trust and a special power of appointment trust) that take advantage of the newly permanent exemption amount while you keep control of your assets.
How to keep cost cutting from increasing fraud risk for your nonprofit
If your nonprofit must cut costs, be careful not to slash funding for fraud prevention. Fraud losses can be devastating, and expenditures for cybersecurity and outsourced accounting are recommended. Contact our nonprofit advisors for more.
What the One, Big, Beautiful Bill Act (OBBBA) could mean for individuals and businesses
As 2025 began, taxpayers were facing uncertainty as several key tax provisions were set to expire at year's end. That changed on July 4, when President Trump signed the One, Big, Beautiful Bill Act (OBBBA) into law. The OBBBA brings a mix of changes that could impact both individuals and businesses. First, we’ll explore eight key areas that may affect you and your family - then we'll review 10 areas that may impact your business.
A nonworking spouse can still have an IRA: A smart retirement strategy for couples
Retirement planning can be especially critical for couples where one spouse doesn’t work outside the home. In such cases, a spousal IRA can be an effective tool. A spousal IRA allows a contribution for a spouse who doesn’t work outside the home. But an exception exists. Here are the rules for 2025.