by Megan Kosciolek, MST | Jun 12, 2025 | Uncategorized
A bill in Congress — dubbed The One, Big, Beautiful Bill — could significantly reshape several federal business tax breaks. While the proposed legislation is still under debate, it’s already sparking attention across business communities. Here’s a look at the current...
by Megan Kosciolek, MST | Jun 5, 2025 | Blog, Estate Planning, Tax
Do you believe you don’t need to worry about estate planning because of the current federal estate tax exemption ($13.99 million per individual or $27.98 million for married couples in 2025)? Well, think again. Even with this substantial exemption, creating a living...
by Megan Kosciolek, MST | May 13, 2025 | Blog, Business, Tax
Even well-run companies experience down years. The federal tax code may allow a bright strategy to lighten the impact. Certain losses, within limits, may be used to reduce taxable income in later years. Who qualifies? The net operating loss (NOL) deduction levels the...
by Megan Kosciolek, MST | Apr 25, 2025 | Uncategorized
Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial commitment and administrative burdens involved. There are a couple of options to consider. Let’s take a look at a Simplified...
by Megan Kosciolek, MST | Mar 27, 2025 | Blog, Business, Tax
Staying compliant with payroll tax laws is crucial for small businesses. Mistakes can lead to fines, strained employee relationships and even legal consequences. Below are six quick tips to help you stay on track. 1. Maintain organized records Accurate recordkeeping...
