Authored by Travis Keeter, CPA When you think of Research & Development (R&D), industries like pharmaceuticals or technology come to mind. But did you know that breweries can also qualify for R&D tax credits? While beer brewing dates back to…
If your business relies on driving – whether for sales calls, deliveries, or service visits – you’ve probably noticed that fuel costs can add up fast. Even small shifts in gas prices can have a real impact, which is why…
Vote now! The 16th Annual Best of The Woodlands Competition 2025 is underway! Voting kicks off on February 1 and wraps up on February 21. At Haynie in The Woodlands, we’re honored to have received previous Best of The Woodlands…
Authored by Alexander Zacher, CPA Last month, a family member approached me with tax questions at a family gathering. I love answering questions like these—it’s one of the reasons I enjoy my profession. It also serves as a reminder that…
Selling your business is one of the most significant financial decisions you’ll make, and how the deal is structured can have lasting implications. Seller financing, where the owner acts as a lender to the buyer, is an increasingly popular option…
Offering a 401(k) plan to your team is a meaningful way to invest in their future financial security. However, it also comes with a host of legal and administrative obligations. As a plan sponsor, you’re responsible for complying with regulations…
If you own a business organized as a pass-through entity, the Qualified Business Income (QBI) deduction offers a valuable opportunity for tax savings. Under the Tax Cuts and Jobs Act, this deduction can allow sole proprietors, partnerships, S corporations, and…
Charitable giving allows individuals and families to create a lasting impact, aligning wealth with deeply held values. While donating directly to a nonprofit is straightforward, structured giving vehicles like donor-advised funds and private foundations offer advantages that go beyond convenience…
The start of 2025 brings important federal payroll tax and withholding changes that every employer needs to understand. From updates to Social Security wage limits to adjustments in retirement contributions and tax withholding rates, these changes directly impact payroll management…
Authored by RSM US LLP, January 22, 2025 New reporting requirements, detailed information demands and a sharp increase in the IRS’ enforcement efforts are among the issues partnerships face this tax season. Our checklist for tax year 2024 covers the…
