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Mailing a tax return or payment close to the deadline may be riskier than many taxpayers realize. Because the IRS relies on the postmark date to determine whether something was filed on time, recent changes to how the USPS applies postmarks could result in a later date than when you actually mailed it. To avoid potential penalties or delays, it’s important to plan ahead and use mailing methods that provide clear proof of when your documents were sent.

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.

Lauterbach, Borschow & Co. is proud to announce Bijal Maniar, CPA, and Sandra Diaz Salcido, CPA, as the newest Partners in the firm’s Tax Department. Their admission strengthens the firm’s leadership team and underscores our commitment to delivering expert, personalized guidance to clients.

Explore the intricacies of partnership distributions and uncover how they offer flexibility in profit allocation while presenting unique tax considerations. Delve into the fundamental principles, exceptions, and strategic approaches that can affect your tax outcomes and ensure seamless operations. Discover why clear agreements and professional guidance are crucial in navigating these complex regulations.

Your business is finally profitable, but is it profitable enough for an S-corp election? Learn the revenue, cash-flow, and compliance milestones that signal it’s time.

Navigating the complexities of 401(k) plans can be daunting for small and midsize businesses. Discover how the safe harbor 401(k) offers a simplified solution by easing administrative burdens while fostering employee financial well-being. Explore the advantages, key components, and strategic considerations to determine if it’s the right fit for your business.

Smart borrowing can fuel growth—or quietly erode your business’s profitability if not managed with precision. This article explores how to size loans appropriately, avoid costly missteps, and align financing with your overall strategy.

Contractors dealing with government work may soon face less compliance hassle as the Cost Accounting Standards Board proposes aligning CAS 404 and CAS 411 with Generally Accepted Accounting Principles (GAAP). By potentially lowering administrative burdens and harmonizing commercial and federal accounting, these changes promise streamlined operations while still protecting government interests. Explore what these proposed revisions could mean for your business and how to prepare effectively for the transition.