Nonprofit organizations pursuing solar energy projects face compressed timelines and new compliance hurdles under the One Big Beautiful Bill Act (OBBBA). This article outlines critical deadlines, registration requirements for IRS Direct Pay, and strategic considerations to secure refundable clean energy tax credits. Immediate action is essential to avoid forfeiting substantial federal benefits.
Hiring your child in your business can offer powerful tax advantages while teaching financial responsibility and supporting long-term wealth planning. Learn how to structure it properly, avoid IRS pitfalls, and make the most of this overlooked family strategy.
California’s new climate disclosure laws will fundamentally change how large companies report environmental and financial risk information. This article breaks down the key requirements of Senate Bills 253 and 261, provides implementation timelines, and guidance to help your organization prepare for compliance starting in 2026.
From expanded deductions and new above-the-line benefits to shifting phaseouts and sunsetting exemptions, 2025 offers unique opportunities for individuals to lower their tax liability before year-end. This guide highlights smart, timely moves to help you make the most of current law before key changes take effect in 2026.
Explore essential 2025 year-end tax strategies for businesses, updated for the One Big Beautiful Bill Act (OBBBA). From QBI planning to bonus depreciation, entity structure, and reporting changes, this guide helps you make informed, compliant, and tax-smart decisions before year-end.
The holiday season offers more than a revenue spike for business owners; it’s a unique window to build lasting customer relationships. Let’s explore how to align your messaging with the shopper mindset, position your offers, leverage multi-channel reach, and convert one-time buyers into loyal customers while keeping your operations strong.
Chapter 11 bankruptcy doesn’t have to signal the end—for many businesses, it’s a strategic pivot point that can lead to stronger operations and renewed growth. This guide explores how business leaders can determine whether restructuring makes sense for their company, what the process actually involves, and how to leverage Chapter 11 as a catalyst for transformation rather than simply a last resort. Understanding the distinction between temporary financial distress and fundamental business failure is crucial to making the right decision at the right time.
Life doesn’t always follow a predictable path, and sometimes you need to tap into your retirement savings earlier than planned. While withdrawing from your IRA before age 59½ typically triggers a 10% penalty on top of regular income taxes, the tax code includes several important exceptions that can help you avoid that costly penalty. Understanding these exceptions—from medical expenses and education costs to first-time home purchases and unemployment—can save you thousands of dollars when facing life’s financial challenges.
The FTC’s sweeping ban on noncompete agreements is officially dead, but that doesn’t mean employers can simply return to business as usual. With targeted federal enforcement still on the table and a complex patchwork of state laws to navigate, companies face an even more complicated landscape than before. Understanding what’s changed—and what practical steps to take now—is critical for protecting your business while avoiding costly legal pitfalls.
The IRS has published new FAQs to reflect OBBBA’s reinstated 1099-K reporting threshold of over $20,000 and more than 200 transactions. Learn how payment platforms, online marketplaces and others can prepare for compliance challenges amid varying state requirements.