With the federal estate and gift tax exemption permanently increased to $15 million per individual (effective 2026), high-net-worth families now have unprecedented certainty and opportunity to secure their financial legacy. But here's what many don't realize: this expanded exemption creates both immediate opportunities and urgent deadlines that require swift action.
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, represents the most significant tax legislation since the Tax Cuts and Jobs Act. For business owners and high-net-worth individuals, this sweeping reform creates unprecedented planning opportunities—but only for those who act strategically.
Why would anyone build a mansion in an economically depressed area with limited infrastructure? The answer reveals a sophisticated real estate strategy hiding behind rural luxury.
Construction audits present unique challenges that can catch even seasoned business owners off guard. Unlike other industries, construction companies face complex revenue recognition requirements, intricate project accounting, and constantly evolving contract terms that create specific vulnerabilities during the audit process.
Strong top-line growth means little if capacity cannot keep up, and profit leaks with every understaffed shift. Dive into the article for strategies to align headcount with demand.
The article you are about to delve into provides a comprehensive analysis of the recent ruling by the Ohio Supreme Court concerning a tax dispute involving Aramark, a food services company. The case is of particular interest to businesses looking to achieve specific tax results through the structuring of their transactions and the drafting of their contract language. The court ruling, which did not allow Aramark to deduct reimbursements received from customers for food and other items purchased under its management fee contracts, underscores the importance of keen attention to statutory requirements and interpretive authority.
AI has finally shifted from headline hype to practical help because three new tools remove the friction that kept it bottled up: the Model Context Protocol, autonomous AI agents, and AI-powered browsers. Here’s how they’re turning chatbots into true coworkers—and why your business should care.
If you're shopping for a new car, there's a limited-time tax break that could save you thousands of dollars. However, there's a specific window of time, the rules are strict, and you must act strategically to make it work. Watch our video to learn more.
The One Big Beautiful Bill Act overhauls the tax code, locking in many 2017 cuts and unveiling new relief for workers, families, and businesses. Read our article for an overview of new rules created by the Act, in addition to extensions or enhancements of existing provisions.
Uncover strategies to maximize benefits and minimize pitfalls, from understanding passive loss rules to mastering 1031 exchanges and differentiating repairs from capital improvements. Stay informed and effectively manage your investments amidst an ever-evolving tax landscape.