House Passes Bills Strengthening Taxpayer Protections on IRS Penalties and Tax Court Proceedings

Wednesday, December 24, 2025|Categories: Government, In the news, Tax Accounting, Tax Consultancy, Tax Preparation|Tags: , , , |

The U.S. House of Representatives approved two bipartisan measures this week aimed at reinforcing taxpayer protections and increasing accountability within the federal tax system. Together, the bills focus on limiting improper penalties imposed by the [...]

Social Security and What You Need to Understand

Wednesday, December 24, 2025|Categories: Public & Personal Accounting, Retirement|Tags: , , , , |

Social Security and What You Need to Understand For many business owners and high-income earners, Social Security is often treated as an afterthought—something distant, fixed, and largely out of their control. In reality, the decisions [...]

Turning a Break-Even Business Into a Profitable One: The Power of an Outside Perspective

Thursday, December 18, 2025|Categories: Business, Business Consultant, Small Business|Tags: , , , |

Many business owners find themselves in a familiar but frustrating position: the company is surviving, bills are paid, employees are compensated, and the doors remain open—but profits remain flat. Breaking even can feel like stability, [...]

Economic Outlook: Navigating Today’s Economy with Confidence and Clarity

Thursday, December 18, 2025|Categories: Accounting, Business, Business Consultant, Editorial, Management Accounting, Public & Personal Accounting, Small Business, Tax Accounting|Tags: , , |

Economic uncertainty has become a defining feature of today’s business climate. Inflation, interest rate volatility, rising labor costs, and shifting regulatory requirements are affecting organizations across industries. For business owners and executives, the challenge is [...]

IRS Announcements of 2026 Inflation-Adjusted Amounts

Tuesday, December 9, 2025|Categories: Government, In the news, Tax Accounting|Tags: , , , |

IRS Notice 2025-67 IRS Announcements of 2026 Inflation-Adjusted Amounts The IRS has released Revenue Procedures announcing key inflation-adjusted tax amounts that will apply for the 2026 tax year. Below is a summary of the primary [...]

Washington State Floats New Payroll Tax Proposal: What Employers Need to Know

Tuesday, December 2, 2025|Categories: Business, Business Consultant, Government, In the news, Payroll Accounting, Payroll Tax, Washington State|Tags: , , , , , , |

Washington State Floats New Payroll Tax Proposal: What Employers Need to Know Source: https://komonews.com/news/local/new-washington-state-tax-proposal-to-offset-federal-funding-losses-during-trump-administration-economy-taxes-washingtonians-legislation-politics A new payroll-based tax proposal—modeled after Seattle’s JumpStart payroll tax—is expected to take center stage in Olympia this session. The measure, [...]