Topics: Business Tax
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IRS Electronic Payment Changes for the 2026 Tax Year
The IRS is moving to electronic payment for federal taxes in 2026. Learn about IRS Direct Pay, EFTPS enrollment, and your payment options.
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IRS Layoffs: How Workforce Cuts Impact Taxpayers
IRS layoffs could mean longer wait times, more tax court cases, and delayed audits. Learn how IRS workforce cuts affect taxpayers and what to…
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How the Presidential Election Impacts M&A Activity
Presidential elections slow M&A activity by 8 to 10%, but post-election years rebound fast, especially with $2.6T in private equity dry powder waiting.
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Pass-Through Entity Tax: GAAP Reporting and Planning
How pass-through entity tax elections work under GAAP, including ASC 740 vs. distribution treatment and the new SALT cap’s impact.
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Ohio Pass-Through Entity Tax: PTET Savings Guide
Ohio’s pass-through entity tax (PTET) lets S corps, partnerships, and LLCs deduct state income taxes beyond the personal SALT cap. Here’s how the election…
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Stock Purchase vs Asset Purchase: Tax and Legal Differences
A stock purchase vs asset purchase differs in tax treatment, liability exposure, and deal complexity. Learn which structure benefits buyers and sellers.
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Tax Loss Deduction: Four Hurdles You Must Clear
A tax loss deduction requires passing four IRS tests. Learn how basis, at-risk, passive activity, and excess business loss rules apply to you.
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Ohio Commercial Activity Tax Credits Most Businesses
Ohio commercial activity tax credits can reduce your CAT liability. Learn which credits apply, including the QRE credit, and how to claim them.
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Excess Business Loss Limitation
The excess business loss limitation caps deductible business losses at $313,000 (single) or $626,000 (joint) for 2025. Learn how the rule works, how carryforwards…
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C Corporation: Should Your Business Be a C Corp?
A C corporation is taxed separately from its owners at a flat 21% rate. Learn how a C corp compares to an S corp…