News + Insights

New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year depreciation write-offs. One requirement is you must use the vehicle more...

In this webinar, industry pros Peter Prevot, CPA (COO), Jacob Irving, J.D. (VP of Consulting Services), and Ben Ogren (Cannabis Consultant) from Bridge West Consulting, gathered for an informative chat...

Most small to midsize businesses today are constantly under pressure to upgrade their information technology (IT). Whether it’s new software, a better way to use the cloud or a means...

As higher education costs continue to rise, you may be concerned about how to save and pay for college. Fortunately, several tools and strategies offered in the U.S. tax code...

When selling business assets, understanding the tax implications is crucial. One area to focus on is Section 1231 of the Internal Revenue Code, which governs the treatment of gains and...

According to the U.S. Bureau of Labor Statistics, the unemployment rate continues to be historically low, ranging from 4.0% to 4.3% from May to November of 2024. With today’s hiring...

In the latest twist in the ongoing legal saga surrounding the Corporate Transparency Act (CTA), the U.S. Court of Appeals for the Fifth Circuit issued a critical ruling on December...

On December 23, 2024, The Fifth Circuit Court of Appeals issued a stay on the district court’s nationwide injunction against the Corporate Transparency Act (CTA). As a result, BOI reporting...

When deciding on the best structure for your business, one option to consider is a C corporation. This entity offers several advantages and disadvantages that may significantly affect your business operations...

Wednesday, January 29, 2025 from 12 to 1 PM CT. Ready to dive into the key economic and market themes as we head into the new year? Join us online...

Author: Ben Ogren, Cannabis Consultant at Bridge West Consulting Minnesota’s cannabis industry is gearing up for a fresh start as the Office of Cannabis Management (OCM) announced the launch of...

So, how are sales looking for next year? It’s not a rhetorical question. Your business should be able to look ahead and accurately estimate how its future sales are shaping...

Stock options have become a powerful tool in modern compensation packages, offering employees the potential for significant financial growth. However, the path to maximizing their value is fraught with complex...

Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in today’s businesses. The tax treatment of these assets can be complex, but businesses need to understand...

Riding the Wave Post-Election Optimism Fuels U.S. Markets While Global Uncertainty Lingers  November 2024 Key Observations A Republican victory fueled a rally in the U.S. equity markets in anticipation of...