In March 2025, President Trump signed Executive Order 14247, titled “Modernizing Payments To and From America’s Bank Account.” Under this order: In short, after September 30, you generally can’t … [Read more...] about The End of IRS Paper Refund Checks: What’s Going On
Understanding Deferred Business Trusts: The Two-Year Rule Explained
When selling a business, owners often face a major dilemma: how to unlock the value of their company while managing the tax burden that comes with the sale. One strategy that has gained traction is … [Read more...] about Understanding Deferred Business Trusts: The Two-Year Rule Explained
How to delay your RMDs
A required minimum distribution (RMD) is the amount of money that must be withdrawn annually from specific retirement plans, such as 401(k)s and certain IRAs, including the traditional IRA. … [Read more...] about How to delay your RMDs
Auto Loan Interest Deduction
Update on 2025 Tax Law Changes In our July 10, 2025, Blog posting, we wrote about the new tax law changes for 2025 and beyond. One of the topics that was highlighted was the deduction for … [Read more...] about Auto Loan Interest Deduction
New Tax Law Changes
With every new presidential administration comes a new tax law. This administration is no different. President Trump has signed into law the “One Big Beautiful Bill”. Here are some … [Read more...] about New Tax Law Changes
Supreme Court Revives BOI Reporting
The U.S. Supreme Court issued an order reviving the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements. Reporting entities established before … [Read more...] about Supreme Court Revives BOI Reporting
