by Advisor Team | Jul 15, 2025 | blog, Corporate Tax Services
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBBA)—a sweeping reconciliation package that permanently reshapes key aspects of U.S. tax law for corporations, partnerships, and business owners. While much attention has focused on... 
by Sara Raby | Jul 15, 2025 | blog, Individual Tax
After months of political back-and-forth and near gridlock, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4, 2025, just two days after the House approved the Senate’s version of the reconciliation bill. The bill’s formal name was... 
by Cory Carroll | Jul 14, 2025 | blog, Corporate Tax Services, Flow-Through Tax Services
Thinking of sticking with your trusty C-Corp? You might want to hit pause. As your business becomes more profitable, that “standard” corporate structure could turn into a tax-hungry beast — devouring your hard-earned dollars with double taxation on profits and... 
by Sara Raby | Jul 8, 2025 | blog, Flow-Through Tax Services, Individual Tax
Rental activities are automatically classified as passive for tax purposes—but that default rule can be overcome. By meeting the material participation requirements and qualifying as a real estate professional, you may be able to treat your rental income as... 
by Naz Nasseri | Jun 30, 2025 | blog, Corporate Tax Services, Individual Tax
Tax season can be overwhelming, especially if you’re facing a bill you can’t afford to pay in full. But here’s the good news: the IRS offers several payment options and relief programs designed to help taxpayers manage their balances. The key is to act early, waiting...