Cannabis is once again at the center of federal policy change, with the U.S. government officially moving to reclassify marijuana from a Schedule I to a Schedule III substance under the Controlled Substances Act. While…

Family businesses are a cornerstone of many communities, offering a unique blend of tradition, trust, and long-term vision. But whether you’re part of the family or an employee from outside, working in a family-run company…

If you’re a business owner operating as a single-member LLC, filling out a Form W-9 might seem straightforward, but it’s one of the most commonly misunderstood forms. Here’s what you need to know to avoid…

Executive Order 14247 requires federal disbursements, including income tax refunds to migrate from paper to digital form. As can be imagined this is causing some bottlenecks in receiving refunds. Through mid-March, 1.4 million refunds were…

The penny is no more. So what does that mean for your business, and your books? Rounding Cash Transactions How cash payments will be affected.With the phaseout of the one-cent coin in the U.S., cash…

With the April 15 tax deadline quickly approaching, many taxpayers still have questions about what happens if they need more time, owe more than expected, or discover changes after filing. Whether you are finalizing your…

Tax season often comes with a long to-do list, and for many individuals and business owners, that includes sending important financial documents to your CPA. While convenience may tempt you to quickly attach files to…

The “no tax on overtime” provision, introduced under the One Big Beautiful Bill Act and signed into law on July 4, 2025, has gained a lot of attention, but the name is a bit misleading….