Tax Advisory

Many of you have recently received correspondence from us and DocuSign e-mails regarding our firm’s submission of Power of Attorney forms for your respective tax accounts.  We appreciate your [...]

Recent tax law changes under the One Big Beautiful Bill Act (OBBBA) create several planning opportunities for individuals and business owners, along with some important compliance watchpoints. [...]

History & Background Since 1993, taxpayers have had the opportunity to exclude Federal capital gain on the sale Qualified Small Business Stock (QSBS). Taxpayers who hold QSBS have been able [...]

The “One Big Beautiful Bill Act” (OBBBA), was signed into law by President Trump on July 4, 2025. Its core objectives include making permanent key tax cuts from the Tax Cuts and Jobs [...]

On February 18, 2025 the FinCEN announced that the beneficial ownership information (BOI) filing mandate has officially been reinstated. The reinstatement was triggered by the U.S. District Court [...]

On December 23rd, 2024, the Fifth Circuit Court of Appeals suspended the lower court’s preliminary injunction against the Beneficial Ownership (BOI) reporting mandate. This temporarily put the [...]

On December 3, 2024, a federal district court in Texas issued a nationwide preliminary injunction against enforcing the Corporate Transparency Act (CTA).   The court determined that the Act [...]

The Tax Cuts and Jobs Act (TCJA) that passed in 2017 significantly impacted the federal estate and gifting landscape by nearly doubling the lifetime gift exemption from $5.5 million to $11.1 [...]

The Corporate Transparency Act (CTA) was enacted by Congress on January 1, 2021, and will be effective as of January 1, 2024, bringing additional reporting requirements for US entities to report [...]

As we enter the 2024 tax year, there are a few important tax law changes that we’d like to bring to your attention: Bonus Depreciation –Federal bonus depreciation allows for accelerated deduction [...]