
NEW DEPRECIATION RULES WITH THE OBBB
If you plan to buy equipment, furniture, computers, and other personal property for your business, the One Big Beautiful Bill Act (OBBBA) delivers great news.

If you plan to buy equipment, furniture, computers, and other personal property for your business, the One Big Beautiful Bill Act (OBBBA) delivers great news.

Tipping & Company provides professional Tax Management Services that help individuals and businesses. Maintain compliance, reduce liabilities, and make better financial decisions throughout the year.

Tax season is often a stressful period for small business owners, filled with long hours spent reviewing financial records, reconciling accounts, and ensuring compliance with

As a business owner or HR professional, you’re likely aware that employment-related lawsuits are becoming increasingly common. The reality is that even well-intentioned employers can

Choosing the right business entity allows an entrepreneur to reduce liability exposure, minimize taxes, and ensure that the business can be financed and run efficiently.

The One Big Beautiful Bill, signed into law on July 4, 2025, reshapes estate and tax planning strategies. Key provisions include a higher $15 million estate and gift tax exemption, an expanded SALT deduction cap, preservation of lower income tax rates, enhanced benefits for qualified small business stock, and continuation of the 20% QBI deduction. Together, these changes provide new opportunities for high-net-worth individuals and business owners to refine their tax and estate plans with greater certainty.

The IRS released a fact sheet on July 15 describing new tax provisions—no tax on tips, no tax on overtime, interest paid on car loan

On July 4, 2025, sweeping tax reform was signed into law—bringing lasting changes for both individuals and businesses. The legislation makes the 2017 tax cuts permanent, restores 100% bonus depreciation, enhances R&D deductions, expands SALT caps, and introduces new rules for energy credits, estate taxes, and Opportunity Zones. Whether you’re a business owner, investor, or employee, these changes could impact your bottom line. Read on for the key highlights and what to watch in the years ahead.

You and your business likely benefit from attending business conventions and seminars. It’s essential to know which expenses you can deduct—and how to ensure they

If you operate your business as an S corporation, you likely enjoy its tax-saving benefits—especially on Social Security and Medicare taxes. But there’s another powerful