Understanding the Tax Relief for American Families and Workers Act of 2024

The House Ways and Means Committee approved The Tax Relief for American Families and Workers Act of 2024, symbolizing a legislative victory for taxpayers, especially small business owners and professionals. This proposed legislation deserves a detailed look due to its…
Managing Third-Party Risk

Data and Technology Are Key to Managing Third-Party Risk

In today’s globalized business environment, no company operates alone. From manufacturers to financial services companies to cloud service providers, external vendors are integral to every business’s success — though each third-party relationship also introduces potential risks. This ecosystem of interconnected…
Corporate Transparency Act

Navigating the Corporate Transparency Act: What Business Owners Need to Know

The imminent enforcement of the Corporate Transparency Act (CTA) is a critical turning point that demands immediate attention from business owners to avoid severe penalties. Ultimately, business owners need to understand that it’s the business owner’s responsibility to ensure you…

Tax-Free Capital Gains: Understanding the Qualified Small Business Stock Gain Exclusion

Written by: David Cooper, Joseph Bellante, and Mark Trunfio Many high-net-worth individuals are unaware of an incredibly valuable tax incentive: Section 1202 of the Internal Revenue Code, also known as the qualified small business stock gain exclusion. This tax-planning tool…