We have prepared a selection of frequently asked questions.
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Scott Henvey: Oct 30, 2025 2:21:44 PM
Health care costs continue to increase. Pairing a high-deductible health plan (HDHP) with a Health Savings Account (HSA) can help. Insurance premiums...
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Scott Henvey: Oct 30, 2025 1:53:04 PM
Now is a good time to review your business’s expenses for deductibility. Accelerating deductible expenses into this year generally will reduce 2025...
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Scott Henvey: Sep 18, 2025 1:33:49 PM
Before the One Big Beautiful Bill Act (OBBBA), tip income and overtime income were fully taxable for federal income tax purposes. The new law changes...
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Scott Henvey: Sep 18, 2025 1:27:36 PM
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act (OBBBA)...
3 min read
Maurice La Verdure: Aug 5, 2025 5:26:18 PM
As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire at the end of the year. That...
3 min read
Scott Henvey: Aug 5, 2025 5:22:20 PM
The One, Big, Beautiful Bill Act (OBBBA) was signed into law on July 4. The new law includes a number of favorable changes that will affect small...
3 min read
Scott Henvey: Aug 5, 2025 5:04:33 PM
They say age is just a number — but in the world of tax law, it’s much more than that. As you move through your life, the IRS treats you differently...
2 min read
Maurice La Verdure: Aug 5, 2025 5:01:23 PM
The U.S. Census Bureau reports there were nearly 447,000 new business applications in May of 2025. The bureau measures this by tracking the number of...
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Scott Henvey: Aug 5, 2025 4:58:46 PM
College can be expensive. According to the College Board, the average sticker price for tuition and fees at private colleges was $43,350 for the...
2 min read
Maurice La Verdure: Aug 5, 2025 4:53:21 PM
If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...
1 min read
Scott Henvey: Jun 12, 2025 10:23:22 AM
The IRS recently released the 2026 inflation-adjusted amounts for Health Savings Accounts (HSAs). Employees will be able to save a modest amount more...
2 min read
Scott Henvey: Jun 12, 2025 10:13:47 AM
Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among...
2 min read
Maurice La Verdure: May 8, 2025 12:25:19 PM
Even after your 2024 federal return is submitted, a few nagging questions often remain. Below are quick answers to five of the most common questions...
