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All About Service Businesses

One Big Beautiful Bill: Tax Benefits & Planning Opportunities for Taxpayers

If you’re still trying to wrap your head around the One Big Beautiful Bill (OBBB), you’re not alone. Between headlines, political chatter and technical jargon, it’s tough to know what actually made it into the final law — and what those changes mean for...
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Guidance On No Tax On Overtime & Tips

The One Big Beautiful Bill (OBBB) Act includes several payroll changes impacting employees, independent contractors and employers. Most notably, it includes new federal income tax deductions for qualified overtime and tip pay, commonly referred to as “no...
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Federal Reserve Cuts Interest Rates Amid Economic Uncertainty

In a highly anticipated move, the Federal Reserve lowered its benchmark interest rate by 0.25 percentage points, marking the first rate cut since December 2024. This decision, announced on September 17, 2025, comes as the U.S. economy faces a dual...
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AI In Accounting: Can AI Close the Books?

Artificial intelligence (AI) is making waves in almost every industry, and accounting is no exception. The promise of automating tedious tasks, improving efficiency and gaining deeper insights from financial data is an exciting prospect for many...
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New Tax Law Brings Big Wins for Business Owners

The newly signed tax legislation — also known as the One Big Beautiful Bill Act — brings about significant changes for businesses. From enhanced bonus depreciation and expanded Section 179 expensing, to updates on research and development costs, business...
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One Big Beautiful Bill Explained: Changes for Businesses and Individuals

On July 4, 2025, the One Big Beautiful Bill (OBBB) was signed into law, bringing significant changes to the tax landscape for both businesses and individuals. Whether you’re a business owner, investor or simply preparing for the upcoming tax year, here’s...
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