Restricted Stock Units: 5 Essential Tax and Financial Planning Strategies
Receiving restricted stock units (RSUs) may seem straightforward, but the tax and financial planning complexities can catch many employees off guard. Understanding these key strategies might help you avoid costly…
Understanding Depreciation Recapture
When it comes to businesses and asset depreciation, there are many types available, such as straight-line, units of production, double declining balance and sum of years digits. While these aren’t the only ones, they are…
Dissecting Working Capital
Working capital is the difference between a business’ current assets and liabilities. Negative working capital can happen when a business’ current assets are below its current liabilities. Therefore, working…
One Big Beautiful Bill Act: Part 2 – What the New Tax Law Means for Your Business
In this second part of our two-part series on the One Big Beautiful Bill Act (OBBBA), we examine the legislation’s impact on businesses, trusts and estates. In addition, we will look at its overall economic impact.
Job Shopping: What’s New in Company Benefits
If you are in the market for a new job or interested in extracting more value from your current one, consider some of the newer trends in company benefits. The following is a primer on what might be available to help supplement…
6 Reasons for Mid-Year Tax Planning
>Right smack dab in the middle of summer might seem like the worst time to think about your taxes, but it’s actually the perfect time. Here’s what taking a pause in July allows you to do…
Addressing the Digital Divide within the Workforce
The rapid pace of technological change, particularly the integration of artificial intelligence (AI) in daily workflows, is reshaping the global economy and the nature of work. Today’s digital divide is no…
Preventing AI Deepfakes, Deterring Fentanyl and Foreign Aggression, and Strengthening Small Businesses
HALT Fentanyl Act (S 331) – On Jan. 30, Sen. Bill Cassidy (R-LA) introduced this bipartisan act in order to close a loophole that allowed clandestine drug manufacturers to evade illegal…
Navigating Worker Classification: The Critical Difference Between Employees and Independent Contractors
Running a small business often means working with a mix of people: some full-time staff, part-time helpers, seasonal workers or project-based contractors. While this flexibility helps manage costs and workload, it creates a crucial…
One Big Beautiful Bill Act: Part 1 – What the New Tax Law Means for You
The One Big Beautiful Bill Act (OBBBA) passed the House on July 3 and was signed into law by President Trump. This comprehensive legislation makes several expiring tax cuts from the 2017 Tax Cuts and Jobs Act permanent…