Business Consulting and Planning

IRS Sets Implementation Date for Changes to 401(k) Catch-Up Contributions by Joanie B. Stein, CPA

Posted on October 23, 2025 by Joanie Stein

The IRS and Department of the Treasury recently issued final regulations concerning the SECURE Act that require certain high-income taxpayers’ 401(k) and 403(b) plan catch-up contributions to be designated as after-tax Roth contributions, beginning in tax year 2026. Background For more than two decades, individuals aged 50 and older have had the opportunity to supercharge […]

IRS Announces Per Diem Rates for Business Travel Expense Reimbursement by Alik MacLauchlan

Posted on October 21, 2025 by Alik MacLauchlan

The IRS recently announced that the per diem rates employers may use to reimburse ordinary and necessary business travel expenses their employees incur or pay beginning on October 1, 2025, remain unchanged from the prior year. The per diem rates enable employers to use a flat daily allowance for reimbursing employees for the costs of […]

Podcast – BPB Knows Using EBITA for Valuations in M&A Transactions

Posted on October 16, 2025 by Fabio De Filippo

In this episode, Director of Transaction Advisory Services Fabio de Filippo, CPA, shares the importance of getting books in order when contemplating the sale of a business.

New Sales Tax on Services Expands Washington State’s Tax Base by Christian J. Burgos, CMI, JD, LLM

Posted on October 09, 2025 by Christian Burgos

Under a new law that took effect on Oct. 1, 2025, the state of Washington is imposing and collecting retail sales tax on certain business activities that were previously exempt from taxation. Vendors providing services, such as advertising, IT support and temporary staffing, must prepare their businesses to comply with the law and begin collecting […]

How Florida Real Estate Contractors Survive Sales and Use Tax Audits by Carl Richie, CPA

Posted on October 07, 2025 by Carl Richie

Sales and use tax audits of Florida construction and building contractors are becoming increasingly common, due, in part, to the complexity of the state’s laws governing the taxability of their services and the nature of the work they do. While no business wants to be audited, there are key issues contractors must understand to help […]

Why It Pays to Separate Corporate Finance Teams from Your Personal Family Office by Heath Standorf, CPA

Posted on September 23, 2025 by Heath Standorf

As family principals continue to grow their businesses and their wealth, they often establish family offices to centralize and streamline the administration and management of their lives, including financial and non-financial assets. Initially, business owners may entrust these duties to their corporate finance teams. However, there comes a point when more time and specialized skills […]

Podcast- BPB Knows Opportunities and Issues for International Companies and Families in the OBBB

Posted on September 18, 2025 by Pedro Porras

In this episode, Director of Tax Services Pedro Porras, CPA, explains the changes in the OBBB that will impact international citizens, companies and taxpayers.

4 Essential Steps to Position Your Business for a Successful Sale Before Commencing the Sale Process by Fabio De Filippo, CPA

Posted on September 17, 2025 by Fabio De Filippo

The Federal Reserve Bank reduced interest rates by .50 percent in September 2024 and by a quarter point in November 2024, its first cuts since the start of the pandemic. These announcements may signal a new cycle of lower borrowing costs and a heightened appetite for mergers and acquisition (M&A) activity that had slowed considerably […]

OBBBA Introduces New, 100 Percent First-Year Depreciation Deductions For Manufacturers by Joseph C. Leuchter, CPA

Posted on September 11, 2025 by Joseph Leuchter

The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, brings significant tax benefits to domestic manufacturing companies. For example, the law restores taxpayers’ ability to fully write off domestic research and development (R&D) expenses in the year they are incurred. It also reinstates 100 percent special depreciation for a long list of new […]

Provisions of the One Big Beautiful Bill Act Impacting Tax-Exempt Organizations by Adam Cohen, CPA

Posted on September 09, 2025 by Adam Cohen

The July 4, 2025, enactment of the One Big Beautiful Bill Act (OBBBA) amends the tax code and its impact on not-for-profit entities. These include changes to charitable deductions and an extension of excise taxes on highly compensated employees and net investment income for private colleges and universities. Charitable Deductions The OBBBA retains charitable deductions […]

Category: Business Consulting and Planning