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News from our blog
Material participation: Why it matters for LLP and LLC owners
The passive activity loss (PAL) rules may limit your ability to deduct losses from a business structured as a limited liability partnership (LLP) or limited
Starting a business? 5 things you need to know
So you’ve decided to start your own business — congratulations! Many new owners open a business to be their own boss and chart their own
Considering layoffs? Try these alternatives first
It’s every business owner’s least-favorite task: laying off staff. But sometimes, layoffs are unavoidable. Labor costs are a significant line item on most companies’ income
What you need to know about filing an extension — and minimizing penalties
If you don’t have everything ready to complete your 2025 federal individual income tax return by the April 15 deadline, you can request an automatic
FAQs about the research credit
Companies that engage in research and development activities may qualify for a federal tax credit for some of those expenses. The credit is complicated to
