The Social Security tax rate is 6.2%, or twice that if you’re self-employed. Find out if you’ll have to pay Social Security tax on all your wages and self-employment income in 2026.
How the Social Security Wage Base Will Affect Your Payroll Taxes in 2026 Read More »
If your manufacturing company is considering building a facility in a rural area, doing so in a Qualified Opportunity Zone may be beneficial.
Did your business receive more than $10,000 in cash? You may be required to file Form 8300 with the IRS. Learn what counts as “cash” and how to stay compliant.
Receive $10,000 in Cash at Your Business? The IRS Wants to Know About It Read More »
OBBBA makes the Section 199A QBI deduction permanent and expands phase-in ranges beginning in 2026—steps that can boost deductions for many pass-through manufacturers. See what’s changing and how to plan.
Larger QBI Deductions Will Soon Be Available to Many Manufacturers Read More »
Spouse-run businesses face unique tax pitfalls. Learn how partnership treatment drives SE tax and compare three strategies—community property sole prop, S-corp conversion, or hire-spouse approach—to cut exposure while staying compliant.
Run a Business With Your Spouse? You May Encounter Unique Tax Issues Read More »
Use breakeven analysis to quantify pricing, equipment, and expansion decisions—classify costs, compute contribution margin and breakeven point, and track your safety margin to guide profitable action.
Evaluating Business Decisions Using Breakeven Analysis Read More »
Strengthen next year’s budget with five proven steps—optimize data, involve the whole organization, communicate attainable targets, monitor cash flow, and engage an objective advisor to improve forecasting and results.
5 Ways Your Business Can Build a Stronger Annual Budget Read More »
The One Big Beautiful Bill Act (OBBBA) reinstated the immediate deduction for U.S.-based R&E expenses effective for 2025.
New Rules Could Boost Your R&E Tax Savings in 2025 Read More »
Businesses with more than one owner benefit from having multiple viewpoints and varying skill sets. However, they also face serious risks of uncertainty and conflict if one of the owners suddenly departs or undergoes a major life change. A carefully crafted buy-sell agreement can guard against these risks — if it’s securely funded. Transfer guidelines A “buy-sell” (as it’s often called) is a legally enforceable contract among a company’s owners that sets guidelines for
How Businesses Can Fund A Buy-Sell Agreement Read More »
The One Big Beautiful Bill Act (OBBBA) introduces a new — but temporary — tax break for manufacturers. The qualified production property (QPP) allowance gives manufacturers a strong incentive to make capital investments in new production facilities. Here’s what you need to know. Bonus depreciation for QPP Generally, first-year bonus depreciation is limited to tangible property with a recovery period of 20 years or less. But the OBBBA adds Section 168(n) to
