Tax Planning

Shift income to take advantage of the 0% long-term capital gains rate

Portrait,of,loving,asian,family,,,mature,asian,parents,with
November 13, 2025
H&B
0
Are you thinking about making financial gifts to loved ones? Would you also like to reduce your capital gains tax? If so, consider giving appreciated stock instead of cash. You might be able to eliminate all federal tax liability on the appreciation — or at least significantly reduce it. Leveraging lower rates Investors generally are subject to […]
#CapitalGains, #FinancialGifting, #TaxPlanning
Find Out More
Tax Planning

How the Social Security wage base will affect your payroll taxes in 2026

Social,security,green,road,sign,over,dramatic,clouds,and,sky.
November 6, 2025
H&B
0
The 2026 Social Security wage base has been released. What’s the tax impact on employees and the self-employed? Let’s take a look. FICA tax 101 The Federal Insurance Contributions Act (FICA) imposes two payroll taxes on wages and self-employment income — one for Old-Age, Survivors, and Disability Insurance, commonly known as the Social Security tax, […]
#PayrollTaxes, #SocialSecurity, #TaxUpdate
Find Out More
Risk Management, Technology

Writing an AI governance policy for your business

Businessman,facing,humanoid,robot,in,office,setting,,sleek,modern,background,
October 31, 2025
H&B
0
Artificial intelligence (AI) is changing the way businesses operate. Its capacity to gather and process data, as well as to mimic human interactions, offers remarkable potential to streamline operations and boost productivity. But AI presents considerable challenges and concerns, too. With so many tools available, employees may inadvertently or purposely misuse the technology in ways […]
#AIGovernance, #AITechnology, #ArtificialIntelligence
Find Out More
Tax Planning

Review your business expenses before year end

Office,hours,business,times,working,day,concept.,time,clocks,overlay
October 28, 2025
H&B
0
Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will reduce 2025 taxes and might even provide permanent tax savings. Also consider the impact of the One Big Beautiful Bill Act (OBBBA). It makes permanent or revises some Tax Cuts and Jobs Act (TCJA) provisions […]
#BusinessDeductions, #TaxPlanning, #YearEndPlanning
Find Out More
Human Resources

Fundamental building blocks of an employee wellness program

Different,colorful,shapes,wooden,blocks,on,black,background,,flat,lay.
October 23, 2025
H&B
0
In a business context, a wellness program is an employer-sponsored initiative designed to promote employees’ physical, mental and emotional well-being. These programs can take many forms, but their underlying goal is generally the same: to foster a healthier, more productive workplace. A well-structured wellness program can also help companies manage health care benefits costs, reduce […]
#EmployeeWellness, #WellnessPrograms, #WorkplaceWellness
Find Out More
Tax Planning

Why start-ups should consider launching as S corporations

Illustration,of,rocket,and,copy,space,for,start,up,business
October 17, 2025
H&B
0
Launching a new business brings tough decisions. And that holds true whether you’re a fledgling entrepreneur starting your first company or an experienced businessperson expanding into a second or third enterprise. Among the most important calls you’ll need to make is how to structure the start-up for tax purposes. For many business owners, electing S corporation […]
#BusinessStartup, #Entrepreneurship, #SCorporation
Find Out More
Tax Planning

Boost your tax savings by donating appreciated stock instead of cash

Notebook, LTCG, Long-Term, Capital, Gains, heart, hand, calculator, magnifying, glass, pen, clock, finance, tax, planning.
October 16, 2025
H&B
0
Saving taxes probably isn’t your primary reason for supporting your favorite charities. But tax deductions can be a valuable added benefit. If you donate long-term appreciated stock, you potentially can save even more. Not just a deduction Appreciated publicly traded stock you’ve held more than one year is long-term capital gains property. If you donate […]
#CharitableGiving, #TaxPlanning, #YearEndPlanning
Find Out More
Business Planning & Consulting, Tax Planning

There’s still time for businesses to benefit from clean energy tax breaks

Environmental,tax,breaks,concept.,holding,glass,ball,with,green,tax
October 14, 2025
H&B
0
The One Big Beautiful Bill Act (OBBBA), signed into law July 4, 2025, extends or enhances many tax breaks for businesses. But the legislation terminates several business-related clean energy tax incentives earlier than scheduled. For example, the Qualified Commercial Clean Vehicle Credit (Section 45W) had been scheduled to expire after 2032. Under the OBBBA, it’s available […]
#BusinessTax, #OBBBA, #TaxUpdate
Find Out More