by KWC CPAs | Oct 31, 2025 | Accounting
Section 529 plans are most commonly used as a tax-favored way to save and pay for college expenses. You might be reluctant to open a 529 account for your child because you’re not sure he or she will pursue a college degree. Or maybe you’re too focused on...
by KWC CPAs | Aug 22, 2025 | Accounting
There’s good news for businesses considering buying equipment and other capital assets: The One Big Beautiful Bill Act (OBBBA) dramatically improves first-year depreciation tax breaks. Here’s what you need to know to take advantage. 100% First-Year Bonus...
by KWC CPAs | Jul 31, 2025 | Accounting
The videos and slides below provide an overview of the individual and business provisions of the One Big Beautiful Bill Act (OBBBA). These provide general information and should not be considered tax advice. We encourage you to reach out to your KWC advisor with...
by KWC CPAs | Jul 10, 2025 | Accounting
The IRS has recently noted that there has been an increase in tax scam attempts. Scammers may try to steal money or sensitive data by impersonating the IRS or state and local tax agencies and contacting the taxpayer through email or text. They may tell the victim that...
by KWC CPAs | Jun 20, 2025 | Accounting
Choosing the right business entity is one of the most important decisions entrepreneurs make when launching or restructuring a business. The type of entity selected affects how the business is taxed, its administrative complexity, and who may be held personally liable...
