Navigating 2025’s Game-Changing Tax Reforms for Individuals and Businesses
With tax season upon us, taxpayers across the nation are trying to grasp the many tax changes for 2025. Central to these transformations is the One Big Beautiful Bill Act (OBBBA), a comprehensive tax reform. This pivotal legislation introduces a range of changes that will directly impact virtually everyone’s tax return—whether a working individual, a […]
2026 Standard Mileage Rates Announced
As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2026 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning on Jan. 1, 2026, the standard mileage rates for the use of a car (or a van, pickup […]
January 2026 Business Due Dates
January 2026 brings key tax deadlines for businesses, employers, farmers, and fishermen. A little planning now can help keep compliance on track and penalties off your radar. January 15 – Employer’s Monthly Deposit Due – If you are an employer and the monthly deposit rules apply, January 15 is the due date for you to […]
What Is Advisory — And Is It Right for You?
Most people think their financial professional focuses on the past: last year’s tax numbers, last quarter’s profit, last month’s expenses. That’s the compliance world. It’s essential, of course. But it’s focused on what already happened. Advisory is something different.Advisory is about shaping what comes next. It’s a shift from “Here’s your report” to “Here’s how […]