Final regulations released by the IRS stipulate that partnerships no longer need to provide detailed gain and loss information to selling partners by January 31. This deadline had become a contentious issue.
Are Workations Hurting Productivity and Business Growth?
A growing number of employees are blending work and vacation—often called “workations.” While it may seem like a sign of commitment, the long-term impact can quietly erode productivity, morale, and business performance.
Common Growth Mistakes Small Businesses Make
A recent survey found that 45% of small businesses reported growth, but 78% wanted to grow. This January 2026 data from Intuit QuickBooks Small Business Insights suggests that many small businesses are struggling to achieve their expansion goals. Small businesses usually don’t have extra cash, people, or time to absorb mistakes. One wrong move can strain cash flow, overwhelm staff, or stall momentum. The good news? Many growth missteps are predictable and preventable.
2026 Tax Law Changes for Businesses
Here’s a sampling of some significant tax law changes going into effect this year:
If You’re Closing Your Business, Don’t Forget These Tax Steps
Closing a business can be overwhelming. But it’s important not to let tax duties fall through the cracks. File a federal income tax return for your business’s final year and, if you have employees, make final federal tax deposits and report employment taxes.
Increase Business Deductions with Tangible Property Safe Harbors
Did your business make repairs to tangible property in 2025, such as buildings, equipment, or vehicles? In many cases, these costs may be fully deductible on your 2025 federal income tax return. However, expenses that qualify as improvements must generally be capitalized and depreciated over time.
Is Your Business Safe from Payroll Fraud?
Payroll fraud can be costly and devastating, especially for small businesses. According to the Association of Certified Fraud Examiners (ACFE), the median loss from payroll fraud schemes is $50,000, and long-term fraud, particularly by upper management, can reach millions of dollars.
Maximizing Your Exit: The 4 Paths to Selling Your Business
Comparing Business Exit Options
Selecting your business successor is a fundamental objective when planning your exit strategy. The ideal path strikes a balance between financial security, tax efficiency, and legacy.
The Tax Implications of Remote Work
Remote work can offer advantages for both employers and employees. But it’s not without challenges, such as unexpected tax consequences.
New QPP Deduction Can Save Manufacturers Significant Taxes
The One Big Beautiful Bill Act (OBBBA) allows 100% first-year depreciation for nonresidential real estate that’s classified as qualified production property (QPP).