As you may be aware, recent tax law changes have introduced a new savings vehicle for children called a Trump account.
What You Need to Know About the Trump Accounts
As you may be aware, recent tax law changes have introduced a new savings vehicle for children called a Trump account.
Cash flow is the heartbeat of any business. Even companies that look profitable on paper can feel the pressure when cash isn’t flowing as expected.
Avoid IRS notices, missed refunds, and stress with these final checks.
As the calendar turns to 2026, business owners are taking a moment to reset, refocus, and move forward with confidence.
Minnesota’s Paid Family and Medical Leave program is right around the corner, and as with most new programs, the tax treatment is evolving. As we head into 2026, updated IRS guidance has clarified how the PFML benefits will be taxed and reported for the short term.
As year-end approaches, many taxpayers and business owners rush to finalize payments, contributions, and filings that impact their tax deductions.
While you’re closing the books and looking ahead to the New Year, there’s one important task you don’t want to overlook: 1099 reporting.