If you run or finance a manufacturing business in the U.S., Section 70301 of the “One Big Beautiful Bill” is worth your full attention. It makes 100% bonus depreciation (full expensing) permanent for qualified business property under.


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Shares of gold-based assets, such as gold mining stocks and mutual funds, are typically taxed at a maximum tax rate of 20% (15% for specific…
Your clients are probably looking to you as a CPA if you work with startups because you can help them be ready for the worst. Let’s face it: the…
The deadline for filing federal income tax returns (generally Form 1040) is Tuesday, April 18, 2023, and most states use the same calendar for state…
Douglas O’Donnell, an IRS veteran, recently served as deputy commissioner for services and enforcement. IRS Deputy Commissioner Douglas…
