Feb 12, 2026 | Business Planning, Tax News
Advance planning starts with understanding new rules before they come into effect. The One Big Beautiful Bill Act introduced a wide range of tax changes, including several provisions that have received relatively little attention but will affect individual and...
Feb 10, 2026 | Business Planning, Tax News
Your business is probably subject to a lot of taxes. If you’re launching a business, expect taxes — all kinds. Here’s a quick breakdown of the ones you might be on the hook for, followed by some credits and deductions that could help. Income tax Unless...
Jan 29, 2026 | Business Planning, Closely Held Business, Personal Financial Planning, Tax News
Reposted from the IRS News release, January 27, 2026 news article. WASHINGTON — The Internal Revenue Service today issued frequently asked questions in Fact Sheet 2026-02 PDF to help taxpayers, businesses, and other stakeholders understand the changes under Executive...
Jan 15, 2026 | Business Planning, Personal Financial Planning, Tax News
Taxpayers who worried about the expiration of several tax cuts from the Tax Cuts and Jobs Act of 2017 can now breathe easier. The One Big Beautiful Bill Act made most of those provisions permanent, which provides more stability for long-term tax planning. While this...
Jan 8, 2026 | Business Planning, Tax News
The Internal Revenue Service has announced that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents in 2026, while the mileage rate for vehicles used for medical purposes will decrease by half a cent, reflecting updated cost...
Dec 30, 2025 | Business Planning, Personal Financial Planning
On your employee’s first day on the job, you are required to ask them to complete federal Form W-4, Employee’s Withholding Certificate. (Multiple language versions are available here.) The employee enters various data onto the form — including their tax...
