Thoughtful business gifts are a great way to show appreciation to customers and employees. They can also deliver tax benefits when handled correctly. … [Read more...]
Reevaluate the Standard Deduction
November 7, 2025 by Jeff Rislov
Taxpayers can choose to itemize certain deductions or take the standard deduction based on their filing status. Itemizing deductions saves tax if the total … [Read more...]
Manage Your MAGI
November 7, 2025 by David Corneil
MAGI (Modified Adjusted Gross Income) is the trigger for certain additional taxes and the phaseouts of many tax breaks, including some of the newest deductions. … [Read more...]
Still Time to Reduce Any Tax Surprises
November 6, 2025 by Thomas Stoeckman
Consider conducting a final tax planning review now to see if you can still take actions to minimize your taxes this year. Here are some ideas to get you … [Read more...]
Prepare for Changes to Charitable Giving Rules
November 6, 2025 by Jim Rudnick
Donating to charity is a valuable and flexible year-end tax planning tool. You can give as much or as little as you like. As long as the recipient is a … [Read more...]
What year-end tax planning strategies should businesses consider under OBBBA
November 6, 2025 by Mitchell Erickson
Recent tax law changes offer significant opportunities for businesses to reduce taxes and improve cash flow. As the year ends, it’s a good time to review your … [Read more...]
Maximize Your SALT Deduction
November 6, 2025 by Jeff Rislov
Maximize your State and Local Tax (SALT) deduction The OBBBA temporarily quadruples the so-called “SALT cap.” For 2025 through 2029, taxpayers who itemize can … [Read more...]
How the Social Security wage base will affect your payroll taxes in 2026
November 4, 2025 by Jim Rudnick
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 … [Read more...]
Keep packages safe from theft this holiday season
November 3, 2025 by Annette Benson
In 2024, a whopping 22.4 billion parcels were shipped in the United States, according to shipping management vendor Pitney Bowes. The average American received … [Read more...]
