OBBB State & Local Tax Deduction Increase May Enhance Itemized Benefits
The One Big Beautiful Bill Act, signed into law July 4, 2025, raises the state and local tax (SALT) deduction cap from $10,000 to $40,000...
The One Big Beautiful Bill Act, signed into law July 4, 2025, raises the state and local tax (SALT) deduction cap from $10,000 to $40,000...
More business owners are turning to employee stock ownership plans (ESOPs) to ensure continuity, reward long-serving team members, and transition out with intention. Unlike sales...
Businesses financing growth may see renewed opportunities to recover interest costs more quickly under the One Big Beautiful Bill Act (OBBBA) due to a change...
The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, introduces broad changes to international tax rules. These adjustments will affect U.S. corporations with...
Designed to encourage local economic activity and nurture the state’s vibrant arts and culture ecosystem, the Commonwealth of Massachusetts has launched a new program that...
Business owners are often reluctant to plan for the eventual transition of ownership, even though the need for succession is inevitable, whether it comes through...
Congress has passed a sweeping new law that permanently extends and expands key tax provisions, reshapes health and social program eligibility, and revises spending across...
In this article: Background on the Welch Case Legal Reasoning and Court Ruling Implications for Entrepreneurs and Executives Potential Next Steps and Appeals Ruling Highlights...
Editor’s Note: This article was updated in September 2025 for accuracy and relevance. The IRS has confirmed that paper tax refund checks for individual taxpayers...