May.1, 2025
Understanding the “step-up in basis” when inheriting assets
If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — ...
Jan.23, 2025
The standard business mileage rate increased in 2025
The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage rate used t...
Jan.15, 2025
Small business strategy: A heavy vehicle plus a home office equals tax savings
New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year deprec...
Dec.10, 2024
2024 Year-End Reminders & Planning Tips
As the end of the year quickly approaches, we want to remind you of things to consider before December 31 and to provid...
Nov.18, 2024
Federal Court Strikes Down Rule Raising Salary Threshold for White Collar Overtime Exemptions
On November 15, 2024, the U.S. District Court for the Eastern District of Texas vacated and set aside the U.S. Departmen...
Oct.3, 2024
Help ensure your partnership or LLC complies with tax law
When drafting partnership and LLC operating agreements, various tax issues must be addressed. This is also true of multi...