IRS Proposes Regs on How to Open a Trump Account Under the OBBBA
The IRS says these proposed regulations provide useful information for parents and guardians who may want to elect to open an initial Trump Account an...
IRS and Treasury Issue Guidance on New Special Depreciation Allowance for Qualified Production Property
In addition to other requirements, the special depreciation allowance only applies to qualified production property placed in service after July 4, 20...
IRS: Simple Payment Plans Have Expanded to Businesses
In an email to tax professionals on Monday, the IRS said it recently updated qualifications for Simple Payment Plans, formerly known as “streamlined i...
47% of Workers Plan to Job Hunt in 2026, But 53% Are Staying Put Amid Market Fear
Workers want higher pay, better benefits, and more growth — but many fear a weakening job market, longer hiring timelines, and the risk of losing stab...
IRS Raises Business Standard Mileage Rate to 72.5 Cents Per Mile for 2026
The IRS announced on Dec. 29 that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents to 72.5 cents per mile...
Why small businesses can't afford to skip professional development
Employee turnover isn't inevitable—it's a sign your team is stagnating. 88% of organizations worry about retention, yet most treat development as a lu...
December isn't just for holiday parties—it's your last chance to slash your tax bill. Prepaying 2026 expenses before Dec 31 can save you thousands whi...
Holiday marketing strategies that also lower your tax bill
Smart holiday marketing tactics that reduce your 2025 tax bill. Deduct 100% of promotional expenses incurred before Dec 31. Use free design tools, boo...
IRS impersonation scams: Don’t let your small business become a target
Small business owners are perfect targets for IRS scammers—and they know exactly which buttons to push. Think you'd spot a fake? These sophisticated t...
