The House Ways and Means Committee has released a new draft tax bill that would extend several provisions from the Tax Cuts and Jobs Act (TCJA), many of which are set to expire in the coming years. The proposal includes new and expanded incentives for businesses, updates to individual tax rates and deductions, and a range of temporary relief measures scheduled to run through 2028.
New tariffs on construction materials are adding pressure across the industry, driving up costs and making it harder to plan. As trade policy continues to change, contractors and developers are facing tighter budgets, supply chain delays, and new uncertainty around project timelines. Staying flexible and proactive is key to managing the impact and keeping work on track.
Learn about the new IRS issued guidance on how businesses will be able to handle the Employee Retention Credit (ERC) on income tax returns going forward, released March 20, 2025.
Explore this guide from the Franchise Team at PBMares that breaks down why the FDD matters, key areas to focus on, and how to use the FDD to make informed franchise decisions.
Whether you’re buying, selling, or investing in a business in 2025, success hinges on making informed decisions. This article examines trends in M&A activity.
Rapid policy changes and legal challenges are making the business environment increasingly unpredictable. Shifts in trade, labor, and tax policies can create both opportunities and disruptions. While uncertainty is inevitable, businesses that stay informed, assess risks, and build flexibility into their operations will be better equipped to adapt
Active limited partners who participate in a partnership’s operations may now owe self-employment taxes on ordinary income. Recent court rulings stress the importance of a partner’s role over their title, making it essential for businesses to evaluate involvement, review agreements, and ensure compliance to avoid penalties.
Are you a business owner considering an exit in the near future? It’s important to understand how to navigate the ever-changing M&A landscape. This webinar will cover insights and strategies that can maximize value and ensure a smooth transition.
Substantiating charitable contributions of planes, boats, and automobiles differ from other types of non-cash gifts.
In mid November, the IRS announced that interest rates will decrease by a percentage point for the calendar quarter beginning January 1, 2025. Learn more about what that means for individuals and corporations.
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