Individual tax breaks in 2025 and how The One, Big, Beautiful Bill could change them
Curious how The One, Big, Beautiful Bill could affect taxes for you and your family? Here are seven key tax breaks in the bill and what they could mean for you. Contact our tax advisors with questions.
An employee stock ownership plan can be a versatile business exit and estate planning tool
As the owner of a closely held corporation, a substantial amount of your wealth likely is tied to the business. To retain as much of that wealth as possible to pass to your family after you exit the business, consider an employee stock ownership plan (ESOP). It can enhance tax efficiency, support business succession goals and preserve wealth for future generations. Contact our advisors with questions.
Sierra Overmoyer receives AICPA’s 2024 Elijah Watt Sells Award
Sierra Overmoyer, CPA, Senior Associate at SEK, CPAs & Advisors, has been selected by the American Institute of CPAs (AICPA) as a recipient of the 2024 Elijah Watt Sells Award for exceptional performance on the Uniform CPA Examination.
What revenue numbers can reveal about your nonprofit’s financial health
Don’t wait for the next audit to review your nonprofit’s revenue stream. Consistent and predictable income is essential. Using auditor techniques, it’s possible to perform a detailed income analysis. Ask our nonprofit advisors for assistance.
5 tax breaks on the table: What business owners should know about the latest proposals
A bill in Congress — dubbed The One, Big, Beautiful Bill — could significantly reshape several federal business tax breaks. While the proposed legislation is still under debate, it’s already sparking attention across business communities. Here’s a look at the current rules and proposed changes for five key tax provisions and what they could mean for your business.
The advantages of a living trust for your estate plan
If you own substantial assets, you may want to consider setting up a living trust to bypass the probate process. Discover how a living trust can help you avoid probate, protect your privacy and simplify the transfer of your assets. Contact our estate planning advisors and tax consultants with questions.
Find your nonprofit’s next leader with a team and a plan
If a nonprofit leader leaves unexpectedly and there’s no executive search committee or plan ready, a disorganized and lengthy search is likely. Here’s how to be ready to replace a critical employee. Contact our nonprofit advisors for guidance.
Asset protection: How to shield your wealth from lawsuits and creditors
Without proper asset protection planning, a single lawsuit or debt issue could jeopardize years of financial progress. The last thing you want to happen is to lose a portion of your wealth, thus having less to pass on to your heirs, potentially jeopardizing their livelihoods. Fortunately, there are legally sound strategies to shield your property, investments and other valuable assets from such risks. Contact us to learn more.
Tired of typing? Try recurring transactions in QuickBooks Online
Having trouble remembering your bills? Are you sending the same invoices every month? Set up recurring transactions in QuickBooks Online. We can show you how.
Planning a summer business trip? Turn travel into tax deductions
If you or your employees are heading out of town for business this summer, it’s important to understand the travel deduction tax rules. If a trip includes both business and personal time, only expenses related to the business portion (such as meals and lodging for business days) are deductible. Contact our tax advisors for guidance on what’s deductible in your situation.