The year of 2023 is shaping up to be a rough one for small and midsize businesses. Borrowing costs are at 13-year highs, demand is slowing along with the economy and now they'll pay more in taxes.

Higher taxes come compliments of re...

Ask any business owner to name their most trusted adviser, and they usually mention their accountant. They assume their CPAs will accurately file their companies' tax paperwork on time, as well as develop a business tax plan with strategies to...

If you're one of the millions of small business owners considering retirement within the next few years, think twice before agreeing to any early, unplanned sale. You could be leaving millions of dollars on the table.

There are tax...

Come January 3, a new Congress will convene in Washington, DC, setting the stage for potential tax changes that could impact small and medium-sized businesses. With that in mind, it's important for businesses to engage in certain tax planning str...

Employee turnover is almost always costly for organizations, but it's rare that hiring new staff can hurt clients and raise their costs. The exception? The Internal Revenue Service.

The agency, which lost thousands of employees to...

There's no way to sugarcoat this: Small and midsize businesses should be scared to death about the consequences of the Inflation Reduction Act. Unless they provide goods and services to the green energy industry, the law's unforeseen conseque...

It's been one of the most tumultuous, uncertain years in modern history, and yet - at least in my line of work - we now have some form of certainty just in time for tax season.

With Democrats owning a voting majority in Congress...