No More Pennies: North Carolina Issues Sales Tax Directive 26-1 for Retailers

North Carolina’s Sales Tax Directive 26-1 clarifies how retailers should handle cash rounding while ensuring sales tax compliance. Learn how to adjust cash transactions and maintain accurate tax reporting.

2026-03-06T15:42:21-05:00March 9, 2026|Categories: Tax: Business|Tags: |

New Guidance on Claiming Full Bonus Depreciation

The IRS has issued guidance on 100% bonus depreciation under OBBBA, providing clarity on qualifying assets, strategic elections, and opportunities for tax savings. Learn how your business can benefit.

2026 Tax Season: What You Need to Know

The 2026 tax season marks a shift toward digital refunds and payments, with the IRS emphasizing direct deposit and secure online options. Learn how to prepare for these changes and avoid mailing delays.

2026-02-23T10:58:13-05:00February 17, 2026|Categories: Tax Alert, Tax: Business, Tax: Individual|Tags: |

Year-End Tax Planning for Business Owners in 2025

Year-end tax planning for business owners in 2025 highlights opportunities like bonus depreciation, expanded Section 179 limits, and strategic charitable giving. Taking action now can reduce tax liability and prepare businesses for 2026 changes.

2025-12-12T09:57:53-05:00December 12, 2025|Categories: Tax: Business|Tags: , |

Research & Development (R&D) Tax Credit Frequently Asked Questions (FAQs)

The federal R&D tax credit rewards innovation by reducing tax liability for qualified research expenses. With the OBBBA restoring immediate expensing for R&E costs, businesses now have more flexibility to optimize tax benefits.

2025-11-21T16:26:43-05:00November 21, 2025|Categories: Tax: Business|Tags: |

OBBBA’s Impact on Restaurants and Hotels

Discover how the OBBBA impacts restaurants and hotels with tax benefits like bonus depreciation, tip deductions, and expanded expensing options. Learn how to take advantage of these opportunities.

2025-11-18T09:06:11-05:00October 30, 2025|Categories: Hospitality, Tax: Business, Tax: Individual|Tags: , |

Section 179D and Energy Tax Credit Expirations under OBBBA

Time is running out to claim energy-related tax credits like Section 179D, with deadlines approaching in 2025 and 2026. Learn how to plan ahead and secure these valuable incentives.

2025-10-08T15:41:45-04:00October 7, 2025|Categories: Construction and Real Estate, Tax: Business|Tags: , |

How the OBBBA Changes the Game for Private Clubs and Their Employees

Explore how the OBBBA introduces significant tax benefits for private clubs and their employees, including deductions for tips and overtime, enhanced expensing options, and changes to clean energy credits.

2025-10-08T15:54:58-04:00October 1, 2025|Categories: Private Clubs, Tax: Business, Tax: Individual, Webinar|Tags: , , |
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