Financial Resources & News
Tax breaks for tipped workers: qualifying for the new deduction
Discover how the groundbreaking “no tax on tips” provision in the new One, Big, Beautiful Bill (OBBBA) could transform the take-home pay for millions of tip-reliant workers starting in 2025. Learn which occupations qualify, the specific conditions required, and how to prepare for maximized savings under this potentially game-changing deduction.
Preparing for the end of federal paper checks
Executive Order 14247 directs federal agencies to phase out paper checks for refunds, benefits, and contracts. Here’s who’s affected and how to prepare.
Debt-financed distributions for pass-throughs: how they work and when they make sense
When a pass-through business takes out a loan at the entity level and immediately distributes the borrowed funds to its owners, this is considered a debt-financed distribution. This maneuver provides owners with immediate liquidity without triggering a current tax bill, as long as they have sufficient tax basis to cover the distribution.
Incentive units: how partnership-style equity can reward talent without a surprise tax bill
Non-public pass-through companies can’t flash the same liquid stock options that publicly traded C-corporations deploy, but a profits interest solves the problem by letting newcomers participate only in growth that occurs after the grant date – with no immediate tax bill for either party. Learn more in our article.
Employer-provided childcare credit: a practical guide to Section 45F
Employers can boost workplace morale and employee loyalty by taking advantage of the Employer-Provided Childcare Tax Credit. This federal incentive not only eases the financial burden on businesses offering childcare solutions but also enhances their competitive edge in recruiting and retaining talent. Discover how this credit works, eligibility requirements, and its impact on workplace culture.
Real Estate – Unlocking the hidden benefits and pitfalls to avoid
Uncover strategies to maximize benefits and minimize pitfalls, from understanding passive loss rules to mastering 1031 exchanges and differentiating repairs from capital improvements. Stay informed and effectively manage your investments amidst an ever-evolving tax landscape.
Understanding Safe Harbor 401(k) Plans
Navigating the complexities of 401(k) plans can be daunting for small and midsize businesses. Discover how the safe harbor 401(k) offers a simplified solution by easing administrative burdens while fostering employee financial well-being. Explore the advantages, key components, and strategic considerations to determine if it’s the right fit for your business.
The talent drain is a margin drain: why staffing gaps cost more than you think
Strong top-line growth means little if capacity cannot keep up, and profit leaks with every understaffed shift. Dive into the article for strategies to align headcount with demand.
When is an S-corp election the right move?
Your business is finally profitable, but is it profitable enough for an S-corp election? Learn the revenue, cash-flow, and compliance milestones that signal it’s time.