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Blog

LLC and LLP owners: Can you deduct your business losses this year? The answer may depend on whether your activity is considered passive under the IRS’s passive activity loss rules.
Posted in: Tax Planning

Material participation: Why it matters for LLP and LLC owners

April 20, 2026 0

Material participation: Why it matters for LLP and LLC owners

The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited liability partnership (LLP) or limited […]

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Launching a new business requires more than vision alone. Here are five things you need to know before you get started.
Posted in: Business Planning & Consulting

Starting a business? 5 things you need to know

April 15, 2026 0

Starting a business? 5 things you need to know

So you’ve decided to start your own business — congratulations! Many new owners open a business to be their own boss and chart their own course. […]

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There are a few more things to do once you’ve filed your 2025 income tax return …
Posted in: Tax Planning

Your post-tax-filing checklist

April 14, 2026 0

Your post-tax-filing checklist

After you’ve filed your 2025 tax return, what’s next? It’s easy to move on to other things, but taking a little time to address some […]

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Beware, small business owners: As your workforce grows, ACA compliance can become a costly surprise without proper planning.
Posted in: Employee Benefit Plans

ACA penalties may still apply — and they’re increasing for 2026

April 13, 2026 0

ACA penalties may still apply — and they’re increasing for 2026

Many small businesses don’t have enough employees to worry about the play-or-pay provisions of the Affordable Care Act (ACA). However, as your business grows, these […]

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If your business has become financially distressed, layoffs may seem unavoidable. Not necessarily! This article suggests alternatives, such as trimming perks, benefits and wages, first.
Posted in: Business Planning & Consulting

Considering layoffs? Try these alternatives first

April 8, 2026 0

Considering layoffs? Try these alternatives first

It’s every business owner’s least-favorite task: laying off staff. But sometimes, layoffs are unavoidable. Labor costs are a significant line item on most companies’ income […]

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Not ready to file your federal income tax return by April 15? There are things you can do to avoid or reduce penalties.
Posted in: Tax Planning

What you need to know about filing an extension — and minimizing penalties

April 7, 2026 0

What you need to know about filing an extension — and minimizing penalties

If you don’t have everything ready to complete your 2025 federal individual income tax return by the April 15 deadline, you can request an automatic […]

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The research credit isn’t just for labs or tech companies. Many businesses are missing out because they mistakenly assume they don’t qualify — or aren’t sure where to start. Learn how the credit works and what to consider.
Posted in: Tax Credits

FAQs about the research credit

April 6, 2026 0

FAQs about the research credit

Companies that engage in research and development activities may qualify for a federal tax credit for some of those expenses. The credit is complicated to […]

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Businesses that employ parents of young children and other caregivers, take note! Some employer-provided benefits can help support these employees, improve retention and reduce taxes.
Posted in: Employee Benefit Plans

Benefits that help you care for your company’s caregivers

April 1, 2026 0

Benefits that help you care for your company’s caregivers

With caregiving costs rising faster than inflation, it’s harder than ever to juggle parenting young children or caring for elderly relatives while also working nine […]

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.The circumstances when individual taxpayers can deduct vehicle-related expenses are limited, but tax-saving opportunities are available.
Posted in: Tax Planning

Are you eligible for mileage deductions?

March 31, 2026 0

Are you eligible for mileage deductions?

Whether you’re filing your 2025 individual income tax return or planning for 2026, it’s important to know if you can deduct vehicle-related expenses. A change […]

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How you move money into your C corporation today can shape your tax outcomes tomorrow. Here’s why making bona fide loans to your business can be a tax-smart move.
Posted in: Tax Planning

Debt vs. equity: Classification counts when shareholders put money into their corporations

March 30, 2026 0

Debt vs. equity: Classification counts when shareholders put money into their corporations

If you operate your business as a C corporation, how you put money into your company — and how you take it back out — can […]

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Do your sales efforts feel disconnected from pricing, operations and customer service? A cross-functional sales team can help you connect the dots. Here’s how.
Posted in: Marketing

Cross-functional teams can boost collaboration — and sales

March 25, 2026 0

Cross-functional teams can boost collaboration — and sales

“Cross-functional” sales teams that collaborate with other departments often perform more effectively than siloed ones. By providing feedback and support, employees with varied skill sets […]

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.Making a 2025 IRA contribution can provide tax savings today or when you take distributions in retirement. And you can benefit from tax-deferred or tax-free compounding. But the contribution deadline is coming up soon.
Posted in: Retirement Planning

Don’t miss your opportunity to make a 2025 IRA contribution — whether you can deduct it or not

March 24, 2026 0

Don’t miss your opportunity to make a 2025 IRA contribution — whether you can deduct it or not

Generally, each year you can contribute up to the annual limit to a traditional or Roth IRA (or a combination of the two). But once […]

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