Top Tax Issues Pass-Through Entities Should Consider in 2025

Pass-through entities, including partnerships, S corporations, and LLCs, can benefit from many tax...

Current State of R&D Tax Policy: Proactively Preparing for Pending and Future Changes

As companies continue to invest in innovation, tax leaders should be aware of recent and potential...

IRS Updates Procedural Guidance on Section 174 Accounting Method Changes for Taxable Years Beginning in 2024

Rev. Proc. 2025-8, issued on December 17, 2024, provides modified procedural guidance that expands...

President Trump’s tax plan: What proposals are being discussed in Washington?

President Trump and the Republican Congress plan to act swiftly to make broad changes to the United...

Sales of IRA Tax Credits Entail Special Tax Accounting Considerations

Taxpayers either purchasing or selling certain federal income tax credits under the Inflation...

How Construction Companies Can Plan for Success, Failure, and Change

As a CPA specializing in construction accounting, I want to share important insights from a recent...

U.S. Supreme Court Upholds Section 965 Transition Tax

In a 7-2 decision, the U.S. Supreme Court on June 20 upheld as constitutional the Internal Revenue...

Estate of Fry: Tax Court Rules for Taxpayer on Related-Party Advances

A recent Tax Court opinion has garnered attention with respect to the treatment of certain...

Impact and Opportunities for Estate, Gift, and Tax Planning

In a recent presentation, Brown Edwards' valuation experts broke down the complex world of business...

A CPA's Guide to Maximizing Tax Benefits for Property Investors

As a CPA specializing in real estate taxation, I'm excited to share some valuable insights on a...