by Eileen Monsesson | Nov 13, 2025 | Accounting News, Tax Planning, Tax Tips
This year’s Tax Planning Guide provides a series of the most ubiquitous tax measures, guidelines, and strategies available for your review. Tax planning is frequently defined as a process which analyzes personal or business income against potential tax deductions, and...
by Eileen Monsesson | Nov 13, 2025 | Tax Tips
President Trump has signed the bill to reopen the federal government, bringing an end to the recent shutdown. As the nation returns to normal operations, it’s a timely moment to acknowledge the men and women whose service allows our government—and our freedoms—to...
by Eileen Monsesson | Oct 13, 2025 | Tax Tips
The IRS has announced its 2026 inflation adjustments, which impact more than 60 tax provisions, including revised tax brackets, standard deductions, and other key thresholds. Revenue Procedure 2025-32 also details several provisions tied to the One Big Beautiful Bill...
by Eileen Monsesson | Jul 10, 2025 | Tax Tips
The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, represents one of the most comprehensive overhauls of federal tax incentives in recent history. Designed to reshape the landscape for clean energy, manufacturing, and economic growth, the legislation...
by Eileen Monsesson | Feb 12, 2025 | Tax Tips
The Financial Crimes Enforcement Network (FinCEN) may revise its beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA), depending on the resolution of an ongoing legal case. On February 5, 2025, the government...
by Eileen Monsesson | Jan 13, 2025 | Tax Tips
Responding to Justice Samuel Alito’s request for their position by January 10, 2025, the plaintiffs urged the Supreme Court to reject the DOJ’s request to lift the nationwide injunction halting enforcement of the Corporate Transparency Act (CTA). They argued that...
