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No tax on car loan interest under the new law? Not exactly No tax on car loan interest under the new law? Not exactlyIndividuals

No tax on car loan interest under the new law? Not exactly

Under current federal income tax rules, so-called personal interest expense generally can’t be deducted. One…
Diana
DianaAugust 13, 2025
5 ways businesses can assess health care benefits spending 5 ways businesses can assess health care benefits spendingBusiness

5 ways businesses can assess health care benefits spending

If your business sponsors health care benefits for its employees, you know the costs of…
Diana
DianaAugust 13, 2025
A tax guide to choosing the right business entity A tax guide to choosing the right business entityBusiness

A tax guide to choosing the right business entity

One of the most critical decisions entrepreneurs make when starting or restructuring a business is…
Diana
DianaAugust 11, 2025
How do businesses report cloud computing implementation costs? How do businesses report cloud computing implementation costs?Accounting

How do businesses report cloud computing implementation costs?

Today, many organizations rely on cloud-based tools to store and manage data. However, the costs…
Diana
DianaAugust 11, 2025
The new law includes a game-changer for business payment reporting The new law includes a game-changer for business payment reportingBusiness

The new law includes a game-changer for business payment reporting

The One, Big Beautiful Bill Act (OBBBA) contains a major overhaul to an outdated IRS…
Diana
DianaAugust 11, 2025
Pinched nonprofits may want to free up board-designated assets Pinched nonprofits may want to free up board-designated assetsNonprofit

Pinched nonprofits may want to free up board-designated assets

In general, nonprofits can’t use restricted assets for purposes other than those specified by the…
Diana
DianaAugust 11, 2025
Act soon: The OBBBA ends clean energy tax breaks Act soon: The OBBBA ends clean energy tax breaksIndividuals

Act soon: The OBBBA ends clean energy tax breaks

The newly enacted One, Big, Beautiful Bill Act (OBBBA) represents a major move by President…
Diana
DianaAugust 11, 2025
Is your business ready for digital documents and e-signatures? Is your business ready for digital documents and e-signatures?Business

Is your business ready for digital documents and e-signatures?

Whether signing a vendor agreement, approving a repair estimate or applying for a loan, chances…
Diana
DianaAugust 11, 2025
Use high-impact graphics to bring your financials to life Use high-impact graphics to bring your financials to lifeAccounting

Use high-impact graphics to bring your financials to life

Are your company’s financial statements keeping up with how people consume information today? We live…
Diana
DianaAugust 11, 2025
The QBI deduction and what’s new in the One, Big, Beautiful Bill Act The QBI deduction and what’s new in the One, Big, Beautiful Bill ActBusiness

The QBI deduction and what’s new in the One, Big, Beautiful Bill Act

The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax…
Diana
DianaAugust 1, 2025
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