Articles for July, 2025
Tax and Financial News
Navigating Worker Classification: The Critical Difference Between Employees and Independent Contractors
July, 2025
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...
Accounting News
Dissecting Working Capital
July, 2025
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...
Guest Post of the Month
One Big Beautiful Bill Act: Part 1 - What the New Tax Law Means for You
July, 2025
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,...
Guest Article of the Month
One Big Beautiful Bill Act: Part 2 - What the New Tax Law Means for Your Business
July, 2025
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....
Guest Writer of the Month
One Big Beautiful Bill Act: Summary
July, 2025
The One Big Beautiful Bill Act (OBBBA) was passed and signed into law by President Trump, making several expiring tax cuts permanent and also introducing several new temporary provisions through 2028, impacting both individuals and businesses....