Insights

Uncover strategies to maximize benefits and minimize pitfalls, from understanding passive loss rules to mastering 1031 exchanges and differentiating repairs from capital improvements. Stay informed and effectively manage your investments amidst an ever-evolving tax landscape.

Spend your nest egg in the wrong order, and taxes soar while future security shrinks. Get the sequence right, and the same dollars stretch further, cost less, and safeguard your legacy. Here’s the smart roadmap, from Social Security timing to precision RMDs.

The One Big Beautiful Bill Act overhauls the tax code, locking in many 2017 cuts and unveiling new relief for workers, families, and businesses. Read our article for an overview of new rules created by the Act, in addition to extensions or enhancements of existing provisions.

Navigating the complexities of 401(k) plans can be daunting for small and midsize businesses. Discover how the safe harbor 401(k) offers a simplified solution by easing administrative burdens while fostering employee financial well-being. Explore the advantages, key components, and strategic considerations to determine if it's the right fit for your business.

Your business is finally profitable, but is it profitable enough for an S-corp election? Learn the revenue, cash-flow, and compliance milestones that signal it's time.

Smart borrowing can fuel growth—or quietly erode your business's profitability if not managed with precision. This article explores how to size loans appropriately, avoid costly missteps, and align financing with your overall strategy.

Did you receive a letter from the IRS? Learn what steps you should take and mistakes to avoid in responding to a notice.

The IRS has extended tax filing and payment deadlines to November 3, 2025, for individuals and businesses affected by the recent severe storms and flooding in parts of Missouri (City of St. Louis, Scott County, and St. Louis County). This relief applies to a wide range of filings, including income tax returns, estimated payments, and payroll taxes.

The IRS has extended tax deadlines to November 3, 2025, for Missourians affected by severe storms, tornadoes, flooding, and wildfires dating back to March 14, 2025. This relief applies to individuals and businesses in more than 20 counties.

The House's One Big Beautiful Bill Act introduces tax changes that could impact pass-through entities and professional service providers. With concerns from the AICPA about potential complexities and unfair advantages, the bill is under Senate scrutiny. Discover the implications for tax planning and compliance and what stakeholders can do as the legislative process unfolds.

The IRS has announced that interest rates will remain steady for Q3 2025, impacting both individuals and corporations with overpayments or underpayments. With rates holding at 7% for individuals and varying rates for corporations, taxpayers can strategically plan their financial moves.

The IRS's FY 2024 data offers a revealing glimpse into its evolving tax compliance and enforcement strategies. The latest data reveals key trends in audits, collections, and compliance programs you won’t want to overlook.