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Returning Value Blog

5 Tax Breaks on the Table: What Business Owners Should Know About the Latest Proposals

Posted by Lesley L. Price, CPA on Jun 18, 2025

A bill in Congress — dubbed The One, Big, Beautiful Bill — could significantly reshape several federal business tax breaks. While the proposed legislation is still under debate, it’s already sparking attention across business communities.

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Posted in Business Advisory

The One, Big, Beautiful Bill Could Change the Deductibility of R&E Expenses

Posted by Jessica L. Pagan, CPA on Jun 17, 2025

The treatment of research and experimental (R&E) expenses is a high-stakes topic for U.S. businesses, especially small to midsize companies focused on innovation. As the tax code currently stands, the deductibility of these expenses is limited, leading to financial strain for companies that used to be able to expense them immediately. However, proposed legislation dubbed The One, Big, Beautiful Bill could drastically change that. Here’s what you need to know.

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Posted in Business Advisory

Tax Writers Pass Sweeping Tax Bill with Major Implications

Posted by Michael D. Machen, CPA, CVA on May 23, 2025

The House Ways and Means Committee approved a sweeping tax bill early on May 14 that would make permanent most of the expiring provisions of the Tax Cuts and Jobs Act (TCJA) while paying for several new tax cuts through an aggressive package of revenue raising tax increases.Committee passage is an important step in the legislative process, but the bill is likely to continue to evolve as it moves forward.

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Posted in Business Advisory

Leveraging AI and Automation to Optimize Denial Management in Healthcare

Posted by Nick Wheeler, CPA on May 08, 2025

Claim denials are a significant issue for healthcare, especially as they continue to rise: last year, 60% of medical groups reported a year-over-year increase in claim denials, and providers spend around $20 billion a year trying to overturn them. 

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Posted in Business Advisory

Corporate Business Owners: Is Your Salary Reasonable in the Eyes of the IRS?

Posted by Jessica L. Pagan, CPA on May 06, 2025

Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s compensation is unreasonably high or low, it may disallow certain deductions or reclassify payments, potentially leading to penalties, back taxes and interest. But by proactively following certain steps, owners can help ensure their compensation is seen as reasonable and deductible.

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Posted in Business Advisory

6 Inventory Management Tips in an Uncertain Tariff Land-Scape

Posted by Nick Wheeler, CPA on Apr 28, 2025

With new tariff structures looming and global trade relationships in flux, businesses face rising uncertainty in supply chain costs and inventory planning. As countries iron out the details of future U.S. trade agreements, companies must proactively manage their inventory to avoid margin erosion and supply disruptions. Here are six smart strategies to help safeguard your operations.

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Posted in Business Advisory

Passing on Wealth: How to Plan for Succession

Posted by Lesley L. Price, CPA on Apr 25, 2025

The key to success is to be thoroughly prepared. Succession will happen within families, but it is not always certain that it will be accomplished strategically. Succession planning calls for deliberate preparation, and it requires time— typically years or even decades—as well as forethought, commitment, diligence, and adaptability.

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Posted in Business Advisory

Explore SEP and SIMPLE Retirement Plans for Your Small Business

Posted by Marty Williams, CPA on Apr 23, 2025

Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial commitment and administrative burdens involved. There are a couple of options to consider. Let’s take a look at a Simplified Employee Pension (SEP) and a Savings Incentive Match Plan for Employees (SIMPLE).

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Posted in Business Advisory

Ratio Rundown: Use Financial Benchmarking to Unlock Profitability, Efficiency, and Growth

Posted by Michael D. Machen, CPA, CVA on Mar 25, 2025

Financial statements tell a powerful story about your business. However, they can seem like an overwhelming collection of figures without proper analysis. Financial benchmarking studies can help you identify historical trends, pinpoint areas for improvement, and forecast future performance with greater confidence.

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Posted in Business Advisory

Planning for the Future: 5 Business Succession Options and Their Tax Implications

Posted by Lesley L. Price, CPA on Mar 20, 2025

When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders or owners. Whether you’re ready to retire, you wish to step back your involvement or you want a solid contingency plan should you unexpectedly be unable to run the business, exploring different succession strategies is key.Here are five options to consider, along with some of the tax implications.

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Posted in Business Advisory

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