News + Insights

The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the same time as when the agency began accepting and processing...

To help make sure you don’t miss any important 2026 deadlines, we’re providing this summary of when various tax-related forms, payments and other actions are due. Please review the calendar...

Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes or an S corporation? In tax lingo, these are called “pass-through”...

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income tax return. Income-based thresholds and other rules can make it...

Every year, severe storms, flooding, wildfires and other disasters affect millions of taxpayers. Many experience casualty losses from damage to their homes or personal property. The One Big Beautiful Bill...

With 2025 in the rear view mirror and the tax filing deadline on the road ahead, it’s a good time for businesses to start gathering information about their deductible expenses...

Did you know there’s a tax-advantaged way to save for the expenses of a person with a disability that’s similar to saving for college expenses with a Section 529 plan?...

S corporation structure provides most of the tax benefits of a partnership plus the liability protection of a corporation. But because of the strict requirements that apply to these entities,...

On December 18, 2025, President Trump signed an executive order. It directed the Department of Justice to expedite rescheduling marijuana from Schedule I to Schedule III under the Controlled Substances...

If your business has employees or uses independent contractors, you have associated annual information reporting obligations. The One Big Beautiful Bill Act (OBBBA) makes changes impacting these rules, but not...

Minnesota’s Pass-Through Entity (PTE) Tax—an election that allows qualifying partnerships, LLCs, and S corporations to pay tax at the entity level on behalf of their partners, members, or shareholders—is currently...

The cannabis industry is entering a critical new phase. With rescheduling discussions advancing at the federal level and continued uncertainty around Section 280E enforcement, cannabis business owners need clarity on...

Recent federal developments reflect both momentum toward reform and new regulatory crackdowns in the cannabis/hemp sector. On one hand, the federally legal status of “hemp” was a major step in...

You likely have a lot of things to do between now and the end of the year, such as holiday shopping, donating to your favorite charities and planning get-togethers with...

This presentation is offered for educational purposes only and should not be considered a comprehensive review or analysis of the topics discussed today. These materials are not a substitute for...