Once your 2024 tax return is in the hands of the IRS, you may be tempted to clear out file cabinets and delete digital folders. But before reaching for the shredder or delete button, remember that some paperwork still has two important purposes: Protecting you if the...

Today’s employers must compete hard to attract and retain top talent. If your organization is in this fight, you may be looking for a competitive edge. Well, here’s one to consider: helping employees with their student loans. In February, MissionSquare Research...

The Trump administration is proposing and implementing a wide range of new policies at a rapid pace. Many could have significant repercussions for U.S. manufacturers. Read on to learn about three of the most important areas to watch as the administration moves...

There are some nice tax breaks for transportation-related employee fringe benefits. If your employer offers these tax-favored fringes, you should probably take advantage of them by signing up. Here’s a quick summary of the current federal tax treatment of...

If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2024 gift tax return. And in some cases, even if it’s not required to file one, you may want to do so anyway....

You may wonder if you can claim itemized deductions on your tax return. Perhaps you made charitable contributions and were told in the past they couldn’t be claimed because you didn’t have enough deductions to itemize. How much do you need? You can itemize deductions...

If you’re getting ready to file your 2024 tax return and your tax bill is higher than you’d like, there may still be a chance to lower it. If you’re eligible, you can make a deductible contribution to a traditional IRA until this year’s April 15 filing deadline and...

Controlling costs is always at the forefront of manufacturers’ minds, but the current environment makes it particularly critical. With new tariffs going into effect and more being proposed by President Trump, imported goods that are vital to some manufacturers may...

Payroll is one of the biggest costs for most small to midsize employers. If this holds true for your organization, you may be looking at the year ahead with some measure of uncertainty. The Trump administration has stated that its priorities include using tariffs and...

Many construction businesses reach a point in their growth when they decide to maintain inventories. They might keep on hand items such as building materials, supplies, personal protective equipment and tools. Maybe yours already does. A construction company’s tax...