If you missed the fine print in the new tax legislation, you’re not alone. Tucked into the One Big Beautiful Bill Act, signed into law on July 4, 2025, is a significant change that will impact many businesses starting in 2026: employer-provided meals will no longer be deductible.
Category: Accounting
One Big Beautiful Bill Act: What You Need To Know
The One Big Beautiful Bill Act was signed into law on July 4, 2025. It includes several extensions of the Tax Cuts and Jobs Act of 2017 as well as many new provisions. Here are some key business and individual tax items we want to highlight.
New Pathways to CPA Licensure
Mid-Year Financial Check-In — Are You on Track for 2025 Goals?
May and June are the perfect time for a mid-year financial review. Are your 2025 financial goals still within reach?
Erroneous CP161 Notices for 2024 Form 1041 Filings
Did you receive a CP161 notice from the IRS? It’s possibly an IRS error.
The Pros & Cons of Insourcing vs. Outsourcing Accounting
At Froehling Anderson, we specialize in outsourced accounting services that provide businesses with financial clarity, compliance, and strategic guidance.
