From the State and Local Tax (SALT) cap to Global Intangible Low Taxed Income (GILTI) modifications, the One Big Beautiful Bill Act (OBBBA) ushers in several tax provisions that require SALT considerations and business owners to act. H.R.1, or the OBBBA, brings major changes to the tax law and extends several provisions first enacted under the Tax Cuts and J [...]

For foreign owners selling real estate, the tax law is extensive and intricate, and having a clear understanding of the rules can help leaders navigate and plan for a sale. The Foreign Investment in Real Property Tax Act (FIRPTA) was enacted in 1980 to target foreign individuals and businesses that invest in U.S. real estate. The belief at the time was that the lack o [...]

Even without lab coats or patents, your company could qualify for powerful tax incentives if you know where to look. RETHINKING WHAT QUALIFIES AS R&DWhen business owners hear “R&D,” they often picture high-tech labs or pharmaceutical breakthroughs. But the reality is much broader and more accessible.“Companies think they have to be in lab coats or develop [...]

AI is not just about automation — it is a game-changer for firm growth. Beyond streamlining processes and improving accuracy in client accounting and advisory services (CAAS), the real opportunity lies in strategically implementing AI to deepen client relationships and reimagine their advisory model.So, what are the key ways firms can move beyond awareness and begin b [...]

From making the tax rate on what was formerly known as GILTI income permanent and increasing the Base Erosion and Anti-Abuse Tax rate, to establishing more favorable sourcing of income from domestically manufactured goods, the One Big Beautiful Bill Act (OBBBA) marks significant changes for businesses and individuals with cross-border activities. International ta [...]

Now that the One Big Beautiful Bill Act (OBBBA) has been signed into law, business leaders should pay close attention to the impact this can have on their corporate taxes. On July 4, President Trump signed H.R. 1 into law, official enacting the OBBBA. The House approved the bill on July 3 without modification to the version previously passed by the Senate on July [...]

For high-net-worth individuals and estate planners, the One Big Beautiful Bill Act (OBBBA) includes impactful provisions that will shape planning strategies for years to come.The OBBBA has officially been signed into law, delivering one of the most comprehensive overhauls to the tax code in recent years. While much of the House framework held, the Senate made key [...]

With the passage of the One Big Beautiful Bill Act (OBBBA), there are several new tax provisions that food and beverage businesses and their stakeholders should understand so they can properly take action. For food and beverage operators and investors, OBBBA, signed into law on July 4, 2025, delivers many favorable tax changes. Much of these were first enacted un [...]

Transdermal delivery is disrupting the supplement aisle — there are actions food and beverage brands need to take to keep up. The wellness industry is being reshaped by a rising demand for non-invasive, lifestyle-friendly health solutions. Once a niche product, transdermal supplements are now showing up in major retailers, offering everything from sleep support to imm [...]

Trying to time the market for a sale could cost business owners the chance to find the right buyer. Rather than waiting to sell when an owner is ready, positioning a company for sale — continuously taking steps to improve the business — allows owners to be prepared when the window to sell presents itself.  The M&A market has changed significantly since the po [...]