Understanding the OBBB Act and Tip Reporting for 2025
The One Big Beautiful Bill (OBBB) Act, which takes effect for the 2025 tax year, changes how tips are taxed, and many business owners and employees are likely to have...
22 January, 2026
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Social Security Update for 2026: What the New Adjustment Means to You
2026 Social Security COLA Increase Social Security beneficiaries will see a 2.8% cost of living adjustment (COLA) beginning January 2026, increasing monthly benefit payments for tens of millions of recipients. Why the...
22 January, 2026
Audit vs. Review vs. Compilation: Which One Do You Need?
Authored by Ty Holman When a business or organization is asked to provide financial statements, a common follow-up question is whether those statements must be audited. The answer depends largely on...
14 January, 2026
Get Ready for Tax Season: Deadlines and Required Documents
As we move into tax season, we’d like to share a few important reminders to help ensure your returns are prepared on time. Important Timing Reminder To meet filing deadlines and allow...
14 January, 2026
Your 2026 Tax Season Survival Guide
For most people, tax season brings a quiet panic about what they might be forgetting and a last-minute rush to pull everything together before the deadline. But it doesn't have...
14 January, 2026
New IRS Guidance Offers Tax Break for Lenders in Agricultural Lending Market
A new IRS provision allows certain lenders to exclude 25% of interest income from loans secured by agricultural property, potentially saving thousands in taxes annually. The temporary guidance under Section...
14 January, 2026
A Smart Gifting Strategy: Why the Annual Gift Tax Exclusion Matters More Than You Think
When we talk about gifting as part of a tax strategy, many people assume it's something only the ultra-wealthy need to worry about. But gifting is actually one of the...
14 January, 2026
Building a Financial Foundation for Your Child: Strategic Moves for Parents
For many parents, providing financial security for their children is a top priority. But building that security involves more than funding college or opening a savings account. The real goal...
14 January, 2026