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Returning Value Blog

The New Law Includes Favorable Changes for Depreciating Eligible Assets

Posted by Lesley L. Price, CPA on Jul 23, 2025

The One Big Beautiful Bill Act (OBBBA) includes a number of beneficial changes that will help small business taxpayers.Perhaps thebiggest and best changes are liberalized rules for depreciating business assets. Here’s what you need to know.

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Posted in Business Advisory, Business Tax

Budgeting Basics for Entrepreneurs

Posted by Jessica L. Pagan, CPA on Jul 22, 2025

Starting a business can be rewarding, but the financial learning curve is often steep. The U.S. Bureau of Labor Statistics estimates that one in five new businesses will fail within one year of opening, roughly half will close within five years, and less than a third will survive for 10 years or longer. A common thread in early failures is weak financial planning and oversight.

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Posted in Business Advisory

Significant Business Tax Provisions in the One, Big, Beautiful Bill Act

Posted by Michael D. Machen, CPA, CVA on Jul 18, 2025

The One, Big, Beautiful Bill Act (OBBBA) was signed into law on July 4. The new law includes a number of favorable changes that will affect small business taxpayers, and some unfavorable changes, too. Here’s a quick summary of some of the most important provisions.

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Posted in Business Advisory

Tax Bill Signed into Law

Posted by Michael D. Machen, CPA, CVA on Jul 10, 2025

The president signed into law a sweeping reconciliation tax bill in a July 4 signing ceremony, capping a furious sprint to finish the legislation before the self-imposed holiday deadline. The Senate approved the bill in a 51-50 vote on July 1 after making a number of last-minute changes following intense bicameral negotiations. The House voted 218- 214 on July 3 to send the bill to the president’s desk.

With the legislation now final, taxpayers should focus on assessing its impact and identifying planning opportunities and challenges. The bill offers both tax cuts and increases that would affect nearly all businesses and investors.

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Posted in Business Advisory

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

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