Taxes
The Latest IRS Guidance on Section 174
Summary: The IRS’s Rev. Proc. 2025-28 provides procedures for taxpayers to apply the new rules for §174 costs introduced by…
New IRS Electronic Payment Mandate Impacts FIRPTA Transactions
Executive Order 14247, signed by President Trump on March 25, 2025, requires that all payments to and from the United…
The OBBB and ERC Audit Risk: Three Steps to Defending Your Claim
Summary: The OBBB Act significantly impacts the Employee Retention Credit (ERC) program, retroactively invalidating certain ERC claims and extending the…
Demystifying Partnership Taxation: What it Truly Means to be a Partner
Summary: Partnerships require an understanding of the key structures, whether GPs, LPs, LLPs, or LLCs, each come with unique management,…
Adapting to the OBBB: A Strategic Roadmap for Nonprofits
Summary: The One Big Beautiful Bill introduced new tax provisions that will reshape the nonprofit landscape, requiring strategic adjustments in…
OBBB Act and Section 174: To Amend or Not to Amend
Summary: The One Big Beautiful Bill (OBBB) Act returned immediate deductions of domestic R&D costs, and it also gave small…
Cost Segregation in Restaurants and Franchises: How to Maximize Your Tax Savings
At a glance: Are you a restaurant or franchise leader who owns a building or just recently completed a renovation?…
Maximizing Real Estate Tax Benefits: Bonus Depreciation vs. §179 Deduction Under the One Big Beautiful Bill
At a glance Schedule a consultation Understanding Real Estate Tax Strategies Post-TCJA: The Full Story On July 4th President Trump…
What the One Big Beautiful Bill Changes for Owners of Foreign Corporations (GILTI) and Businesses Generating Sales from Foreign Markets (FDII)
At a glance Schedule a consultation The full story: The OBBB, enacted on July 4, 2025, introduces notable changes to…
OBBB Expands QSBS: What §1202 Means for Founders & Investors
At a glance Schedule a consultation The Full Story on How the OBBB Impacts Qualified Small Business Stock Effective July…