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As 2025 winds down and holiday plans take over, don’t forget an important financial to-do: maximizing the tax benefits of your charitable giving before big tax law changes hit in 2026. Whether you’re aiming to make your usual donations go further or navigating new deduction limits as a high-income earner, this is the year to…
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Every business owner wants to minimize their tax liability, but even the most diligent among us can miss out on valuable deductions. While you probably have the big deductions like employee compensation and rent under control, it’s easy to overlook smaller expenses that could save you money. These commonly missed tax deductions might seem minor,…
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The new One Big Beautiful Bill Act (OBBBA) has introduced a wave of tax changes that will impact individuals and businesses alike. With so much information swirling around, it’s easy to feel overwhelmed or misinformed. Let’s break down what’s actually in the bill and explore how these changes might affect your financial plans. What’s Actually…
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Taking your small business across state lines is a big step, and an exciting one at that! But it also brings new challenges, especially when it comes to taxes. Maybe you’ve just opened a second shop or you’re shipping your products to customers in other states. Suddenly, new tax questions pop up, and compliance can…
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Managing taxes can feel like a chore. Tax deadlines, payments, and recordkeeping often fall to the bottom of a busy to-do list. If you haven’t already tried the IRS Online Account, it’s a handy tool that simplifies some of this workload, helping you stay on track without the extra stress. The IRS Online Account lets…
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When you’re working on a financial strategy, understanding fair value vs. book value is key to making smart decisions. These two terms might seem alike, but they describe different ways to look at your assets, liabilities, and overall financial health. Knowing when to use each can help any business, especially in industries like construction where…
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Ask any real estate professional, and they’ll tell you the industry’s financial side can get overwhelming fast. Between tracking expenses, keeping up with taxes, and understanding depreciation, it’s easy to feel like you’re in over your head. But the good news is you don’t have to figure it all out on your own. Working with…
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Passive income is a popular goal for those looking to grow their finances with less hands-on involvement. Passive income from rentals, investments, or other sources can be a fantastic way to earn extra money without the daily effort. But when it comes to taxes, passive income can raise a lot of questions. Is passive income…
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Running a construction business comes with challenges at every turn, but one area that often trips up even the most hands-on owners is tax planning. Taxes for contractors and construction firms are far from straightforward—they’re layered, nuanced, and can be much more complicated than standard business taxes. The rules around deductions, accounting methods, and cash…
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Running a construction company is no walk in the park. Between juggling complex projects, sticking to regulations, and keeping costs in check, there’s a lot on the line every day. One thing that can make it all a bit more manageable? A well-done audit. If you’re in the construction industry in Georgia, understanding how audits…
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