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Strategic Tax Planning Under The OBBBA: Special Depreciation Allowance for Qualified Production Property

Withum

As businesses evaluate capital investments in production facilities, understanding the tax implications is crucial. Businesses should carefully evaluate these specific criteria as part of their broader tax planning strategy to maximize available benefits and secure compliance. Lodging and parking. Sales and marketing activities.

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Year-End Tax Strategies for Businesses

Withum

The corporate tax rate is currently a flat 21% rate. There is also a 15% corporate alternative minimum tax (CAMT) based on book income for companies with average annual adjusted financial statement income exceeding $1 billion. Please work with your tax advisor for future planning.

Tax
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Navigating political changes in the evolving tax landscape

ThomsonReuters

Jump to ↓ The current tax landscape Democratic and Republican Party tax plans Strategic planning amidst tax uncertainty In today’s dynamic political and economic environment, understanding the intricacies of tax policy has become more crucial than ever. election promises further potential shifts.

Tax
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2025 Tax Reform Highlights – What you need to know about the “One Big Beautiful Bill Act”

CapataCPA

2025 Tax Reform Highlights – What you need to know about the ” One Big Beautiful Bill Act” On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, bringing sweeping changes to the U.S. The OBBBA simplifies compliance and enhances foreign tax credit treatment.

Tax
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Professionals on the Move – June 2025, Part II

CPA Practice

In her new role, Jennifer will oversee the equity management, lease lifecycle management, and tax reporting solutions, enhancing insightsoftware’s ability to deliver trusted and effective solutions for its customers. Most recently, she served as president of North America at QuickFee, a payment technology platform. © 2025 Firmworks, LLC.

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Tax Fraud Blotter: Negative waves

Accounting Today

EDT 5 Min Read Facebook Twitter LinkedIn Email Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases. Nixa, Missouri: Tax preparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. million in taxes on income he earned from his business.

Tax
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2025 Fastest-Growing Firms: Dean Dorton's early adoption pays off

Accounting Today

Equine manufacturing that allows you to develop your staff to know different things about businesses. All rights reserved. I would say definitely pay attention to communication and culture, and weve had a lot of luck building niches. Also allows you to offer more services to your clients and provide better client service.