News + Insights

Operating your small business as a Qualified Small Business Corporation (QSBC) could be a tax-wise idea. Tax-free treatment for eligible stock gains QSBCs are the same as garden-variety C corporations...

How much depreciation is allowed for cannabis companies? The answer depends on several factors: For retail cannabis companies, depreciation is generally not allowed, with potentially some small exceptions For cultivation...

No one likes to make a mistake. This is especially true in business, where a wrong decision can cost money, time and resources. According to the results of a recent...

Understanding the crucial role of HR and payroll services in the success and efficiency of your business is essential. This comprehensive session will dive into the essential benefits of choosing...

The so-called “kiddie tax” can cause some of a child’s unearned income to be taxed at the parent’s higher marginal federal income tax rates instead of at the usually much...

Wednesday, January 24, 2024 at 12:00 PM CT Where will interest rates take us in the first quarter of 2024? What impact will elections have on the economy? Are recession...

In 2020, the government responded to the COVID-19 pandemic by passing the CARES Act, which included a refundable tax credit known as the Employee Retention Credit (ERC). This credit enabled...

In the wide, wide world of mergers and acquisitions (M&A), most business buyers conduct thorough due diligence before closing their deals. This usually involves carefully investigating the target company’s financial,...

If you’re interested in selling commercial or investment real estate that has appreciated significantly, one way to defer a tax bill on the gain is with a Section 1031 “like-kind” exchange....

As each year winds to a close, owners of established businesses can count on having plenty of at least one thing: information. That is, they have another full calendar year...

Business owners, with the year just about over, you and your leadership team presumably have a pretty good idea of where you want your company to go in 2024. The...

Monetary awards and settlements are often provided for an array of reasons. For example, a person could receive compensatory and punitive damage payments for personal injury, discrimination or harassment. Some...

Let’s look at the latest insights and 2024 predictions for the cannabis industry. This blog addresses the changing landscape, including regulatory shifts and market opportunities. Continue reading to explore the...

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may...

As the year draws to a close, you’ll want to make critical tax-planning decisions that can significantly impact your company’s financial standing. Whether it involves purchases, deferring expenses, maximizing credits...