Business Consulting and Planning

Today’s Businesses Need AI Governance Policies and Procedures by Brandon Bowers

Posted on December 15, 2025 by Brandon Bowers

Increasing reliance on artificial intelligence (AI) has the potential to transform businesses and how they operate. On the one hand, companies of all sizes are realizing AI’s benefits in automating repetitive tasks, improving efficiency and transforming large volumes of raw data into meaningful market intelligence. However, like many technologies, AI also has a dark side […]

Retirement Savings Contribution Limits Increase for 2026 by Jonathan Kraes, CPA

Posted on December 11, 2025 by Jonathan Kraes

Each year, the IRS announces the maximum amount taxpayers may contribute to their retirement savings plans adjusted for inflation. For 2026, these limits increase across all account types, giving taxpayers more opportunities to improve their financial security in retirement. Employer-Sponsored Retirement Plans Taxpayers with access to employer-sponsored retirement savings plans, such as 401(k)s, 403(b)s and […]

IRS Issues Guidance to Help Small Businesses Amend Prior Year Tax Returns, Deduct R&D Expenses in the Year Incurred by Matthew Ginsberg, CPA

Posted on December 09, 2025 by Matthew Ginsberg

The 2025 tax law, commonly referred to as the One Big Beautiful Bill Act (OBBBA), makes a significant change to how businesses treat specific research and experimental (SRE) expenditures by permanently restoring taxpayers’ ability to fully deduct domestic research costs immediately in the year incurred. This is a considerable win for companies that were required […]

2026 Application Periods for California Competes Tax Credit by Christian J. Burgos, CMI, JD, LLM

Posted on December 02, 2025 by Christian Burgos

Businesses in or relocating to California have two opportunities in 2026 to apply for more than $600 million in valuable California Competes Tax Credits (CCTC) that they may use over multiple years against the personal or corporate income taxes they pay to the state. The online application periods for fiscal year 2025-2026 are Jan. 5, […]

Do Your Charitable Donations Qualify for a Tax Deduction? by Brendan Kurpis, CPA

Posted on November 18, 2025 by Brendan Kurpis

Charitable giving is a great way to support causes that are important to you and your community while establishing a legacy of philanthropy for your family members to carry on long after you are gone. For some, it also allows them to reduce their tax bill by understanding some basic rules. Who Can Claim Charitable […]

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 […]

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 […]

Category: Business Consulting and Planning