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 […]
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 […]
Posted on October 02, 2025
by
Hernando Gomez
In this episode Director of Valuations Hernando Gomez explains why a valuation may be useful for buyers and sellers of business, when to conduct one and how the process flows.
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.
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 […]
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 […]
Posted on September 04, 2025
by
Alex Keneiby
In this episode, Associate Director of Tax Services Alex Keneiby, CPA, shares updates to Opportunity Zones in the OBBB.
Posted on August 28, 2025
by
Art Lieberman
Among the various provisions of the new tax and spending bill is a significant change to the tax accounting method condo developers must use to recognize income, removing a significant irritant to developers’ cash flow and tax efficiency. Background Developers of single-family homes and townhouses historically had the option to use the complete contract method […]
Posted on August 25, 2025
by
Maxwell Jewell
Taxpayers in high-income-tax states breathed a collective sigh of relief with the July 2025 passage of the One Big Beautiful Bill (OBBB), which provides a temporary increase to the cap on the state and local tax (SALT) deduction from $10,000 to $40,000 in 2025 through 2029, subject to income limitations. While the new law preserves […]
Posted on July 30, 2025
by
Alex Keneiby
Real estate has always been a reliable investment for diversifying one’s portfolio, hedging against inflation and creating a steady stream of passive income from an asset with potential long-term appreciation. Property ownership and management also come with an array of tax advantages that can reduce taxable income and even enable the deferral of capital gains […]