News + Insights

Fed Transition Underway Kevin Warsh assumes the role of Fed Chair with growth and inflation trending in opposite directions. May 2026 Key Observations Global equities continued to push higher in...

If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing requirements for sole proprietors and independent...

If you participate in a company 401(k) plan, you already know that you can make pre-tax contributions up to the annual elective deferral limit to a traditional, tax-deferred account. If...

Many modern businesses rely on intangible assets, such as goodwill, trademarks and customer lists. But the IRS doesn’t treat all intangibles the same way. Questions about how these assets are...

What dispensaries need to know about tips, payroll reporting, and the new federal deduction. Cannabis operators may begin seeing payroll warnings related to Treasury Tipped Occupation Codes, (“TTOC”). These warnings...

If you’re seeking financing to start or grow a small business, don’t forget to look at loan programs through the U.S. Small Business Administration (SBA). Down payments, interest rates and...

Wednesday, June 24, 2026 12 to 1 p.m. CT   You’re encouraged to share this event with friends, colleagues, and family members. Have you been wondering whether you should invest...

Tax scammers continue to target taxpayers through email, text messages, phone calls and regular mail. They often try to create urgency or fear to trick victims into sharing sensitive information...

Some small business owners overlook Roth IRAs because they assume their income is too high for them to qualify to make Roth contributions. Others may think their current tax rate...

Minnesota pass-through business owners received welcome news in May 2026 when the Minnesota Legislature passed legislation renewing the state’s Pass-Through Entity Tax election on May 18, 2026. The Governor is...

For the 12 months ending in April 2026, the U.S. inflation rate was 3.8%, according to the U.S. Bureau of Labor Statistics. Prices for your business’s products, materials and other operating costs...

For years, qualified small business stock, better known as QSBS, has been one of the most valuable tax benefits available to startup founders, early employees, and angel investors. Now, the...

If you give artwork to charity, the deduction you can claim depends on several factors, including the type of organization receiving the piece and how it will be used. Special...

Although your business may seem big to you, you may wonder how the government classifies it for tax purposes. If your organization qualifies as a “small business,” you may enjoy...

On April 23, 2026, the Department of Justice (“DOJ”) issued an order placing FDA-approved marijuana products (and products containing marijuana) subject to a qualifying state-issued license on Schedule III (the...