If your organization sponsors a 401(k) plan and filed for a Form 5500 extension, your final deadline to complete the audit and file is fast approaching: October 15.
401(k) Audit Extension Deadline Is October 15
If your organization sponsors a 401(k) plan and filed for a Form 5500 extension, your final deadline to complete the audit and file is fast approaching: October 15.
The One Big Beautiful Bill Act, passed on July 4, 2025, introduces impactful changes to Section 1202 Qualified Small Business Stock (QSBS) gain exclusions—opening the door to more flexible investment strategies, larger tax savings, and expanded eligibility for startups and mid-range corporations.
If you’re a business owner, investor, or entrepreneur, these changes present new planning opportunities you won’t want to miss. Here’s a breakdown of what’s new, who benefits, and how you can leverage these updates with guidance from Froehling Anderson.
The One Big Beautiful Bill Act, signed into law on July 4, 2025, brings significant updates to tax depreciation rules—particularly for businesses investing in equipment, machinery, or new production facilities. With the permanent restoration of 100% bonus depreciation and higher Section 179 expensing limits, businesses now have more powerful tools to reduce taxable income and plan capital investments strategically.
Froehling Anderson’s first female relationship partner is officially retiring December 31, 2025, after an incredible 36 years of commitment, passion, dedication and profound influence. Her legacy of leadership is forever woven throughout the fabric and DNA of Froehling’s firm and culture.
The One Big Beautiful Bill Act introduced key tax provisions designed to support business innovation and improve cash flow planning. One of the most impactful changes for companies conducting domestic research is the amendment to Section 174, which restores the ability to immediately deduct qualified research and experimental (R&E) expenses.
Great news for working families—starting in 2026, the annual contribution limit for Dependent Care Flexible Spending Accounts (FSAs) is increasing from $5,000 to $7,500. This change, introduced by the One Big Beautiful Bill Act, offers significant tax savings for eligible households.