10 Mistakes You May be Making in QuickBooks Online
We often review what you should be doing in QuickBooks Online. Here are ten things you shouldn’t do.
What Is Your Potential Business Vehicle Deduction?
If you used one or more vehicles in your business during 2025, you may be eligible for valuable tax deductions on your 2025 income tax return. Businesses can generally deduct expenses attributable to business use of a vehicle plus depreciation.
How to Prepare for the April 15 Gift Tax Return Filing Deadline
If you made large gifts to family members or heirs last year, you may need to file a 2025 gift return by April 15.
Does Your Nonprofit Need a CFO?
Most nonprofits begin with a deep commitment to serving a mission—not a love of financial management. Yet as an organization grows, financial oversight becomes increasingly complex and critical.
Deferring Taxes on Advance Payments
An advance payment is one received by a business before it provides whatever is being paid for. For federal income tax purposes, generally advance payments must be reported as taxable income in the year received.
Parents: Ensure You Claim All the Tax Credits You’re Entitled to
Raising a family comes with plenty of expenses, but it may also make you eligible for various tax breaks.
What to Do When Your Nonprofit Team Doesn’t See Eye-to-Eye on Financial Reporting
Tension between Accounting and Development teams is more than a simple workplace issue, as it can have real financial consequences for a nonprofit organization.
Play It Smart by Naming Co-Executors
Choosing an executor is one of the most important decisions in the estate planning process.
To Maximize—or Not to Maximize—Depreciation Deductions on Your 2025 Tax Return
The deadlines for filing 2025 tax returns (or extensions) are fast approaching.
Quadrupled SALT Deduction Limit Means More Will Benefit from Itemizing on 2025 Returns
An important decision to make when filing your individual income tax return is whether to claim the standard deduction or itemize deductions.