by Rollin Groseclose | Aug 29, 2025 | Business Consulting, Manufacturing & Distribution, Professional Services, Real Estate & Construction, Tax Consulting, Tax Watch
The 2025 Tax Act, commonly known as the One Big Beautiful Bill (OBBB), reinstated expensing of research and experimentation or development (R&D) costs. For the last three years, all taxpayers have been required to capitalize domestic R&D costs and amortize...
by Rollin Groseclose | Apr 22, 2025 | Business Consulting, Disaster Response & Incentive Advisory, NonProfit, Professional Services, Tax, Tax Watch
The IRS has extended federal tax filing and payment deadlines to September 25, 2025, for taxpayers in FEMA-designated disaster areas. Specifically, this relief is granted due to the lingering effects of Hurricane Helene. The previous postponement to May 1 has been...
by Halie Conners | Apr 14, 2025 | Audit and Accounting, Tax Watch
For many companies and organizations, audits are an important part of mitigating risks, streamlining operations, and keeping business running smoothly. However, if your organization is preparing for a year-end audit, your team should be aware of some potential policy...
by DMJPS PLLC | Mar 28, 2025 | Tax Watch
On March 25, 2025, President Trump signed an executive order requiring all federal disbursements to be made electronically by September 30, 2025. This directive impacts a wide range of federal payments, including tax refunds, Social Security and veterans’...
by Enrique Casalis | Mar 17, 2025 | Business Consulting, Manufacturing & Distribution, Professional Services, Real Estate & Construction, Tax Consulting, Tax Watch, Transportation & Trucking
As a small business owner, handling your own business taxes probably isn’t your favorite pastime. Still, when it comes time to prepare your tax return, you’ll want to take advantage of every deduction and credit available to you to reduce your tax burden....
