by Brian Hare, CPA, CGMA | Nov 19, 2025 | Uncategorized
The One Big Beautiful Bill Act (OBBBA) allows 100% first-year depreciation for nonresidential real estate that’s classified as qualified production property (QPP). This new break is different from the first-year bonus depreciation that’s available for assets such as...
by Brian Hare, CPA, CGMA | Nov 18, 2025 | Blog
We are happy to release our 2025-2026 Tax Planning Guide. This guide includes information and guidance for both businesses and individuals. If you have questions or if you would like additional information, please contact us.
by Brian Hare, CPA, CGMA | Oct 29, 2025 | Blog, Business, Tax
Commercial real estate usually must be depreciated over 39 years. But certain real estate improvements — specifically, qualified improvement property (QIP) — are eligible for accelerated depreciation and can even be fully deducted immediately. While maximizing...
by Brian Hare, CPA, CGMA | Oct 6, 2025 | Uncategorized
If you’re considering guaranteeing, or are asked to guarantee, a loan to your closely held corporation, it’s important to understand the potential tax consequences. Acting as a guarantor, endorser or indemnitor means that if the corporation defaults, you could be...
by Brian Hare, CPA, CGMA | Sep 4, 2025 | Blog, Business, Tax
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) reinstated the immediate deduction for U.S.-based R&E expenses, reversing rules under the Tax Cuts and Jobs Act...
