The Internal Revenue Service recently updated guidance in Fact Sheet FS-2025-09 (Fact Sheet) to address changes to the ...

To qualify for deductibility, an expense must meet all four statutory requisites under the Tax Code: Ordinary and necessary – common and appropriate for your business or profession. Paid or incurred ...

The Internal Revenue Service (IRS) has announced major revisions to the U.S. tax code following the passage of the One, Big, Beautiful Bill Act (OBBB), signed into law on July 4, 2025. The agency has ...

Brex reports that U.S. businesses can deduct credit card interest on legitimate expenses, unlike personal card interest, ...

Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small ...

Make sure you claim all the expenses you can when you prepare your 2025 income taxes. We’re here to help you minimize your tax obligation and get the most money back from the IRS.