News & Articles

The IRS has released draft Schedule 1-A, introducing four new temporary deductions within the One Big Beautiful Bill Act. If you are wondering what the new form looks like and how the calculations work, read on as we explore each...

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How to Reduce the Burden of IRA Required Minimum Distributions

September, 2025

Required minimum distributions (RMDs) from traditional IRAs and 401(k)s often become a significant tax burden during retirement. As the percentage of your IRA that...

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General Business News

Understanding Contribution Margin After Marketing

October, 2025

Contribution margin after marketing (CMAM) measures how much money is generated per unit retailed after factoring in a company's variable costs, along with marketing costs....

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How to Evaluate Accounts Receivables

September, 2025

According to the Federal Reserve Bank of St. Louis, collection agencies saw $16.28 billion in revenue in 2019. While revenues have declined somewhat in recent years, unpaid invoices are still big business. Accounts...

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Accounting News

A Look at the Nonaccrual Experience Method

October, 2025

When it comes to running a business, having outstanding invoices that turn into uncollectible receivables or simply bad debt is a fact of life. The Internal Revenue Service (IRS) has a safe harbor...

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Capitalizing Versus Expensing Research and Development

September, 2025

Based on statistics from the World Bank, the United States government spent 3.59 percent of its 2022 gross domestic product on research and development. While private businesses spend on their own research...

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Financial Planning

Ideas for Small Business Succession Planning

October, 2025

It can be hard to build up your own business, but it can be harder to sell it for what it’s worth. In fact, only around three in 10 family-owned businesses survive for the next generation. Whether family...

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Cashless Charitable Contributions

September, 2025

Not everyone can make large charitable contributions. But there are ways to be charitable without spending your discretionary income while at the same time lowering your tax bill. Even those who can make large...

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What's New in Technology

The Silent Threat: How Simple Misconfigurations Are Fueling 2025 Worst Cyberattacks

October, 2025

As organizations invest heavily in next-gen firewalls, AI detection, and threat intelligence, grave cyberattacks have been reported as a result of overlooked misconfigurations. According to the latest statistics, about...

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Beyond the Hype: A Strategic Blueprint for AI Investment in 2025 and Beyond

September, 2025

Artificial intelligence (AI) is one of the most talked-about technologies today. It has taken a shift from the broad general-purpose tools to specialized innovations that promise real...

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Tip of the Month

How to Save Money with the Half Rule

October, 2025

What if you could lower your grocery bill without giving up the things you love, fight inflation and have some money left at the end of the month? Sound too good to be...

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5 Myths About Life Insurance

September, 2025

Life insurance is something most of us don’t want to talk about. But the truth is, no one gets out of life alive. So, it might make sense to face it now so that when you really need it, it’s there. Before you start l...

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Congress at Work

Enhancing Homebuyer Protections, Wildfire Risks, 911 Response and Domestic Manufacturing

October, 2025

Homebuyers Privacy Protection Act (HR 2808) – Introduced by Rep. John Rose (R-TN) on April 10, the House passed this bill on June 23, and the...

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Canceling Government Funding and Expanding Protections for Veterans

September, 2025

Rescissions Act of 2025 (HR 4) – A rescission bill cancels funding previously approved by Congress upon request by the president. Congress has 45 continuous legislative days to enact or reject...

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